INSUBCONTINENT EXCLUSIVE:
Retail inflation rose to six-month high of 6.01 per cent in JanuaryRetail inflation in January 2022 rose to a six-month high of 6.01 per
cent, this comes just a month after it had zoomed to a five-month high of 5.59 per cent in December 2021
4.05 per cent recorded in December 2021.In July, retail inflation had reached a high of 6.60 per cent
By crossing the 6 per cent mark, retail inflation also breached Reserve Bank of India's (RBI) upper tolerance level.Prices of cereals,
to 5.59 per cent which was later revised to 5.66 per cent, which too was a five-month high figure
mark between May and July of the current fiscal.Prices of spices, prepared meals, clothing, footwear, household goods, education, health
CPI-based inflation, has been tasked by the government to keep the inflation at 4 per cent, with margin of 2 per cent on either side.
