New index shows inflation at 7.65%

The measure stood at 8.25 per cent for urban consumers and 7.38 per cent in rural areas.

Written by ENS Economic Bureau | New Delhi | Published:February 22, 2012 2:04 am

The government’s new Consumer Price Index showed inflation at 7.65 per cent in January as prices of fuel,milk,fruits,spices,oils and apparel rose at double-digit rates over twelve months.

The measure stood at 8.25 per cent for urban consumers and 7.38 per cent in rural areas.

Protein-based products became dearer quickly. Inflation for milk and other dairy products was 16.53 per cent,with 16.54 per cent in urban areas and 16.35 per cent outside cities.

The figure was a combined 10.45 per cent for eggs,fish and meat as urban areas registered 9.82 per cent and rural regions 10.71 per cent.

The inflation figure for all food items showed a downward trend at a combined 4.11 per cent with urban areas posting 4.18 per cent and rural areas 3.98 per cent.

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