Retail inflation crosses 6 percent in January 2022 due to food and expensive fuel

Retail Inflation Increases: There is bad news for the common people on the inflation front. Retail inflation in the month of January (Retail Inflation ) It has increased from 5.66 percent in the previous month to 6.01 percent. This figure of retail inflation is at the highest level of six months. In fact, due to edible oil, expensive vegetables and expensive petrol, diesel, electricity, there is an increase in the retail inflation rate. These figures have been released by the Ministry of Statistics. Let us tell you that the figure of retail inflation has crossed 6 percent which RBI (RBI) The tolerance limit is above 6 per cent.

The jump in retail inflation is also an effect of higher consumer goods and telecom tariff prices. Meanwhile, food inflation also rose to 5.43% in January from 4.05% in December. Inflation in oil and fat segment rose to 18.7% in January, while inflation in fuel and power remained at 9.32% in January.