alexa

Search in IndianMoney.com

 
Home News Retail Inflation Spikes To 735 In December

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

Retail inflation spikes to 7.35% in December, highest in six years

Monday, January 13, 2020, 8:18 PM

Retail inflation for the month of December 2019 has sharply spiked to 7.35 percent from 5.54 percent a month ago, breaching the Reserve Bank of India's (RBI) upper-limit target. It is the highest retail inflation rate witnessed since July 2014 when retail inflation was at 7.39 per cent, triggering further growth concerns amid a slowing economy.