February inflation goes up
The inflation for the month of February,under the National Consumer Price Index (NCPI), has increased to 4.2 per cent from 3.7 per cent in January 2021.
The NCPI for all items for the month of February has increased from 142.8 to 142.1 than the previous month.
It has been observed that the index value of food items has increased by 0.42% and non-food items by 0.09% respectively.
Year-on-year inflation of both food group and non-food group have increased from 5.9% in January to 6.9% in February and from 1.8% in January to 1.9% in February respectively.
The moving average inflation for the month of February has been recorded as 5.5% while the corresponding rate for the month of January has been recorded at 5.8%.