In December, India’s retail inflation rate dropped to 5.22%, marking a four-month low.
According to data published by the Ministry of Statistics, prices for vegetables, pulses, and sugar decreased over the month.
In October, inflation reached 6.21%, marking a 14 month high level. In November, the CPI inflation rate fell to 5.48 percent.
In December, the housing inflation rate compared to the previous year was 2.71%, a decrease from November’s rate of 2.87%.
The housing index is prepared exclusively for the urban sector.
In December 2024, the five items with the highest year-on-year inflation at the All India level were peas, potatoes, garlic, coconut oil, and cauliflower.
Jeera, ginger, dry chillies, and LPG were the key items showing the lowest year-on-year inflation in December 2024.
