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

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.