Prices and Inflation

  • Retail inflation, as measured by Consumer Price Index-Combined (CPI-C) inflation, in India, in 2021-22 (April-December) has declined to 5.2 per cent as against 6.6 per cent during April-December 2020-21.
    • The decline in retail inflation was led by easing of food inflation.
    • Food inflation averaged at a low of 2.9 per cent in 2021-22 (April to December) as against 9.1 per cent in the corresponding period last year.
  • Wholesale inflation based on Wholesale Price Index (WPI) rose to 12.5 per cent during 2021-22 (April to December). This has been attributed to:
    • Low base in the previous year,
    • Pick-up in economic activity,
    • Sharp increase in international prices of ....
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