INFLATION BREAKDOWN

As per Consumer Price Index (CPI) data, retail inflation came in at 3.28% in September, unchanged from August, despite softening of vegetable and cereal prices. Retail inflation stood at 4.39% in September 2016 The Central Statistics Office also revised downwards the August inflation print to 3.28% from 3.36% Overall food inflation moderated to 1.25% in September from 1.67% in the previous month. The rate of price in vegetables softened to 3.92% (from 9.97% in August) On the other hand, the inflation print rose in the fuel and light category to 5.56%. It was 3.66% in August.