Milk and milk products have an average weightage of 6.61 % in CPI
After moderating in the previous three months, inflation rate based on the Consumer Price Index (CPI) for January surpassed the upper threshold of the Reserve Bank of India’s tolerance band. The increase in retail inflation from 5.7 per cent in December to 6.5 per cent in January was largely driven by food prices, particularly cereals. Inflation in cereals […]