Bad news on the inflation front: Retail inflation rose to 5.21% in December

Earlier, in November retail inflation rose more than 1 per cent. Retail inflation in the year i.e. increased CPI to 4.88 percent

New Delhi: There is news of concern for the common people on the inflation front. Today retail inflation has come up, in which retail inflation has gone up to 5.21 percent in December. The retail inflation was at 4.88 percent in November.

With rising inflation in vegetables and fruits, retail inflation is witnessing a steady rise in inflation and inflation is on the rise. In spite of winter, the price of egg is also seen, which has seen an increase in the food inflation rate.

The
continuous increase in the Consumer Price Index (CPI) or retail inflation was continuing in the months of October to November . Earlier, in November retail inflation rose more than 1 per cent. Retail inflation was the same in November i.e., the CPI increased to 4.88 per cent, while in October, the retail inflation was 3.58 per cent.

Wholesale inflation was too high in bulk

In November, the wholesale inflation was also registered with retail inflation. In November, wholesale inflation rose to 3.93 percent, while wholesale inflation was 3.59 percent in October

Good news from industrial front: IIP at 8.4%

This time in the industrial production of IIP, the good news has come to the hands of the government. IIP growth has seen a sharp rise in November and this has come down to 8.4 per cent, it can be called a great growth as IIP growth in October was 2.2 per cent. This is the first time an increase in industrial production comes after the arrival of GST.