News > Retail inflation rises to five-month high of 5.59% in December
Retail inflation rises to five-month high of 5.59% in December
Scroll | 12/01/2022 08:08 PM | Click to read full article
India’s retail inflation rose to 5.59% in December from 4.91% in November, government data showed on Wednesday. Retail inflation, which is an indicator of price rise, touched a five-month high in December, according to Economic Times.
Inflation went up mainly because of a sharp rise in food prices. In December, food inflation rose to 4.05% compared to 1.87% in November. Prices of cereals, egg and milk products went up in December.