Retail inflation rose to 7.35% in December, the highest inflation rate since 2014

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New delhi date. 13 January 2020, Monday

The government is receiving constant setbacks on the economic front. The government cannot restrict inflation. Retail inflation has risen to 7.35% in December due to expensive food items. The retail inflation rate was 5.54% in November. Apart from this, food inflation has also increased at the end of the year.

Food inflation was 10.01% in November, up from 14.12% in December. December 2019 is the first month after July 2016 when the inflation rate has crossed the Reserve Bank's upper limit (2-6%). The retail inflation rate was 7.39% in July 2014. The retail inflation rate was 4.62% in October. That's up 5.54% in November. Retail inflation was 3.99% in September.

The rise in retail inflation has been seen in December as prices of onion tomatoes and other vegetables have increased. Vegetable inflation was 26% in October, followed by 36% in November and now it is also increasing in December. Inflation rose to 60.5% in December.

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