New Delhi6 minutes ago
- Copy link
Retail inflation can increase to 3.8% -4% in March. A month before this, inflation came to a 7 -month low of 3.61% in February. In January 2025, inflation was 4.31%. The Ministry of Statistics will release inflation figures today i.e. on Tuesday 15 April.
Vegetable prices are mixed with mixed trend, while gold prices are increasing continuously. That is, food inflation is expected to remain stable, but inflation of other things may increase slightly. About 50% contribution to inflation baskets is food and drink.
Retail inflation in February:
- In February, inflation came to a 7 -month low of 3.61%.
- Food inflation declined from 5.97% to 3.75% on a month-month basis.
- Rural inflation has come down from 4.59% to 3.79% and urban from 3.87% to 3.32%.
How does inflation grow?
Increased inflation and the event depends on the demand and supply of the product. If people have more money, then they will buy more things. Buying more things will increase the demand for things and if there is no supply according to the demand, the price of these things will increase.
In this way, the market is in the grip of inflation. Simply put, excessive money in the market or shortage of things causes inflation. On the other hand, if the demand will be reduced and more supply will be reduced.
CPI determines inflation
As a customer, you and we buy goods from the retail market. Consumer Price Index i.e. CPI does the work of showing changes in the prices associated with it. The CPI measures the same for goods and services that we pay for goods and services.
Crude oil, commodity prices, manufactured costs, also have many other things which have an important role in fixing retail inflation. There are about 300 items, based on the prices, the rate of retail inflation is fixed.
