FOOD INFLATION
ACCELERATES
Government released only a part of the retail
inflation data, which indicates that food prices have gone up by 9.28% in May
All India year –on –year inflation rates for
Consumer Food Price Index (CFPI) for the month of May 2020 for rural, urban and
combined sector are 9.69%, 8.36% and 9.28% respectively
In May 2019, the food inflation was 1.83% as
per the full CPI data released for that period.
