Retail inflation drops one year low of 4.31% in September

Retail inflation dropped to a 13-month low of 4.31 per cent in September this year. Inflation fell mainly on account of a fall in vegetables prices. Retail inflation measured by the Consumer Price Index had stood at 5.05 per cent in August this year, and 4.41 per cent in September last year. 

According to official data, food inflation declined to 3.88 per cent



in September, from 5.91 per cent in August. Retail inflation in the vegetables segment stood at minus 7.21 per cent in September. 

Inflation in the pulses and products segment, as well as the milk and products segment was also subdued. Retail inflation in urban areas fell to 3.64 per cent in September, and in rural areas it dropped to 4.96 per cent.