Retail inflation rises 2.57% in February on higher food prices

The retail inflation based on Consumer Price Index stood at 1.97 per cent in January.

Representational image of Pulses | Dhiraj Singh/Bloomberg

New Delhi:Retail inflation rose to four-month high of 2.57 per cent in February, mainly driven by higher food prices.

The retail inflation based on Consumer Price Index (CPI) stood at 1.97 per cent in January and 4.44 per cent in February 2018.

Food inflation based on CPI, however was in negative at 0.66 per cent. The latest print is higher than (-) 2.24 per cent in January.

The Reserve Bank factors in retail inflation while deciding its monetary policy.