Retail Inflation eases to 4.85 percent in March 2024

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April 12, 2024 7:57 pm

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Retail Inflation eases to 4.85 per cent in March, 2024

Consumer Price Index Numbers On Base 2012=100 For Rural,
Urban And Combined For The Month Of March 2024

By PIB Delhi

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of March 2024 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released.

The price data are collected from selected 1114 urban markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of March 2024, NSO collected prices from 99.8% villages and 98.5% urban markets while the market-wise prices reported therein were 89.6% for rural and 93.2% for urban.

All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e. March 2024 over March 2023), based on General Indices and CFPIs are given as follows:

All India year-on-year inflation rates (%) based on CPI (General) and CFPI: March 2024 over March 2023

		Mar. 2024 (Prov.)			Feb. 2024 (Final)			Mar. 2023
		Rural	Urban	Combd.	Rural	Urban	Combd.	Rural	Urban	Combd.
Inflation	CPI (General)	5.45	4.14	4.85	5.34	4.78	5.09	5.51	5.89	5.66
Inflation	CFPI	8.61	8.35	8.52	8.27	9.19	8.66	4.72	4.82	4.79
Index	CPI (General)	187.7	183.6	185.8	187.4	184.0	185.8	178.0	176.3	177.2
Index	CFPI	187.9	193.3	189.8	187.2	193.7	189.5	173.0	178.4	174.9

Notes: Prov. – Provisional, Combd. – Combined

Monthly changes in the General Indices and CFPIs are given below:

Monthly changes (%) in All India CPI (General) and CFPI: March 2024 over February 2024

Indices	Mar. 2024 (Prov.)			Feb. 2024 (Final)			Monthly change (%)
Indices	Rural	Urban	Combd.	Rural	Urban	Combd.	Rural	Urban	Combd.
CPI (General)	187.7	183.6	185.8	187.4	184.0	185.8	0.16	-0.22	0.00
CFPI	187.9	193.3	189.8	187.2	193.7	189.5	0.37	-0.21	0.16

Note: Figures of March 2024 are provisional.

Next date of release for April 2024 CPI is 13^th May 2024 (Monday). For more details please visit the website www.mospi.gov.in

List of Annex

Annex	Title
I	All-India General, Group and Sub-group level CPI and CFPI numbers for February 2024 (Final) and March 2024 (Provisional) for Rural, Urban and Combined
II	All-India inflation rates (%) for General, Group and Sub-group level CPI and CFPI numbers for March 2024 (Provisional) for Rural, Urban and Combined
III	General CPI for States for Rural, Urban and Combined for February 2024 (Final) and March 2024 (Provisional)
IV	Year-on-year inflation rates (%) of major States for Rural, Urban and Combined for March 2024 (Provisional)

Annex I

All-India General, Group and Sub-group level CPI and CFPI numbers for February 2024 (Final) and March 2024 (Provisional) for Rural, Urban and Combined

(Base: 2012=100)

Group Code	Sub-group Code	Description	Rural			Urban			Combined
Group Code	Sub-group Code	Description	Weights	Feb. 24 Index (Final)	Mar. 24 Index (Prov.)	Weights	Feb. 24 Index (Final)	Mar. 24 Index (Prov.)	Weights	Feb. 24 Index (Final)	Mar. 24 Index (Prov.)
*(1)*	*(2)*	*(3)*	*(4)*	*(5)*	*(6)*	*(7)*	*(8)*	*(9)*	*(10)*	*(11)*	*(12)*
	1.1.01	Cereals and products	12.35	188.6	189.3	6.59	188.3	188.5	9.67	188.5	189.0
	1.1.02	Meat and fish	4.38	214.8	217.8	2.73	223.9	226.7	3.61	218.0	220.9
	1.1.03	Egg	0.49	201.7	192.8	0.36	204.7	194.2	0.43	202.9	193.3
	1.1.04	Milk and products	7.72	182.9	183.2	5.33	183.2	183.6	6.61	183.0	183.3
	1.1.05	Oils and fats	4.21	160.2	160.2	2.81	155.1	154.7	3.56	158.3	158.2
	1.1.06	Fruits	2.88	169.2	172.9	2.90	174.0	176.7	2.89	171.4	174.7
	1.1.07	Vegetables	7.46	179.8	182.6	4.41	226.1	222.3	6.04	195.5	196.1
	1.1.08	Pulses and products	2.95	200.8	199.6	1.73	206.0	204.9	2.38	202.6	201.4
	1.1.09	Sugar and Confectionery	1.70	128.7	128.0	0.97	130.7	130.1	1.36	129.4	128.7
	1.1.10	Spices	3.11	240.7	236.3	1.79	232.0	228.2	2.50	237.8	233.6
	1.2.11	Non-alcoholic beverages	1.37	182.2	182.1	1.13	169.9	170.2	1.26	177.1	177.1
	1.1.12	Prepared meals, snacks, sweets etc.	5.56	195.4	195.9	5.54	204.0	204.6	5.55	199.4	199.9
1		Food and beverages	54.18	187.8	188.5	36.29	194.6	194.3	45.86	190.3	190.6
2		Pan, tobacco and intoxicants	3.26	203.7	204.0	1.36	209.5	210.1	2.38	205.2	205.6
	3.1.01	Clothing	6.32	195.4	195.8	4.72	185.5	185.8	5.58	191.5	191.9
	3.1.02	Footwear	1.04	190.9	191.1	0.85	172.0	172.3	0.95	183.0	183.3
3		Clothing and footwear	7.36	194.8	195.1	5.57	183.4	183.8	6.53	190.3	190.6
4		Housing	–	–	–	21.67	178.5	178.3	10.07	178.5	178.3
5		Fuel and light	7.94	183.8	181.1	5.58	175.6	167.7	6.84	180.7	176.0
	6.1.01	Household goods and services	3.75	183.3	183.3	3.87	173.3	173.9	3.80	178.6	178.9
	6.1.02	Health	6.83	193.8	194.3	4.81	188.3	189.2	5.89	191.7	192.4
	6.1.03	Transport and communication	7.60	172.2	172.0	9.73	162.3	161.9	8.59	167.0	166.7
	6.1.04	Recreation and amusement	1.37	177.4	177.8	2.04	172.5	172.8	1.68	174.6	175.0
	6.1.05	Education	3.46	186.0	186.1	5.62	180.9	181.2	4.46	183.0	183.2
	6.1.06	Personal care and effects	4.25	188.8	191.3	3.47	190.1	192.7	3.89	189.3	191.9
6		Miscellaneous	27.26	183.8	184.2	29.53	175.5	176.0	28.32	179.8	180.2
General Index (All Groups)			100.00	187.4	187.7	100.00	184.0	183.6	100.00	185.8	185.8
Consumer Food Price Index (CFPI)			47.25	187.2	187.9	29.62	193.7	193.3	39.06	189.5	189.8

Notes:

Prov. : Provisional.
CFPI : Out of 12 sub-groups contained in ‘Food and Beverages’ group, CFPI is based on ten sub-groups, excluding ‘Non-alcoholic beverages’ and ‘Prepared meals, snacks, sweets etc.’.
– : CPI (Rural) for housing is not compiled.

Annex II

All-India year-on-year inflation rates (%) for General, Group and Sub-group level CPI and CFPI numbers for March 2024 (Provisional) for Rural, Urban and Combined

(Base: 2012=100)

Group Code	Sub-group Code	Description	Rural			Urban			Combined
Group Code	Sub-group Code	Description	Mar. 23 Index (Final)	Mar. 24Index (Prov.)	Inflation Rate (%)	Mar. 23 Index (Final)	Mar. 24Index (Prov.)	Inflation Rate (%)	Mar. 23 Index (Final)	Mar. 24Index (Prov.)	Inflation Rate (%)
*(1)*	*(2)*	*(3)*	*(4)*	*(5)*	*(6)*	*(7)*	*(8)*	*(9)*	*(10)*	*(11)*	*(12)*
	1.1.01	Cereals and products	174.3	189.3	8.61	174.7	188.5	7.90	174.4	189.0	8.37
	1.1.02	Meat and fish	205.2	217.8	6.14	212.2	226.7	6.83	207.7	220.9	6.36
	1.1.03	Egg	173.9	192.8	10.87	177.2	194.2	9.59	175.2	193.3	10.33
	1.1.04	Milk and products	177.0	183.2	3.50	177.9	183.6	3.20	177.3	183.3	3.38
	1.1.05	Oils and fats	183.3	160.2	-12.60	172.2	154.7	-10.16	179.2	158.2	-11.72
	1.1.06	Fruits	167.2	172.9	3.41	172.1	176.7	2.67	169.5	174.7	3.07
	1.1.07	Vegetables	140.9	182.6	29.60	175.9	222.3	26.38	152.8	196.1	28.34
	1.1.08	Pulses and products	170.5	199.6	17.07	172.2	204.9	18.99	171.1	201.4	17.71
	1.1.09	Sugar and Confectionery	119.1	128.0	7.47	121.9	130.1	6.73	120.0	128.7	7.25
	1.1.10	Spices	212.1	236.3	11.41	204.8	228.2	11.43	209.7	233.6	11.40
	1.2.11	Non-alcoholic beverages	177.6	182.1	2.53	164.9	170.2	3.21	172.3	177.1	2.79
	1.1.12	Prepared meals, snacks, sweets etc.	189.9	195.9	3.16	196.6	204.6	4.07	193.0	199.9	3.58
1		Food and beverages	174.8	188.5	7.84	180.8	194.3	7.47	177.0	190.6	7.68
2		Pan, tobacco and intoxicants	198.4	204.0	2.82	202.7	210.1	3.65	199.5	205.6	3.06
	3.1.01	Clothing	190.0	195.8	3.05	180.2	185.8	3.11	186.1	191.9	3.12
	3.1.02	Footwear	187.0	191.1	2.19	167.0	172.3	3.17	178.7	183.3	2.57
3		Clothing and footwear	189.6	195.1	2.90	178.2	183.8	3.14	185.1	190.6	2.97
4		Housing	–	–	–	173.5	178.3	2.77	173.5	178.3	2.77
5		Fuel and light	181.4	181.1	-0.17	182.6	167.7	-8.16	181.9	176.0	-3.24
	6.1.01	Household goods and services	178.6	183.3	2.63	169.2	173.9	2.78	174.2	178.9	2.70
	6.1.02	Health	186.6	194.3	4.13	180.8	189.2	4.65	184.4	192.4	4.34
	6.1.03	Transport and communication	169.0	172.0	1.78	159.8	161.9	1.31	164.2	166.7	1.52
	6.1.04	Recreation and amusement	172.8	177.8	2.89	168.4	172.8	2.61	170.3	175.0	2.76
	6.1.05	Education	178.5	186.1	4.26	172.5	181.2	5.04	175.0	183.2	4.69
	6.1.06	Personal care and effects	180.7	191.3	5.87	181.5	192.7	6.17	181.0	191.9	6.02
6		Miscellaneous	177.9	184.2	3.54	170.0	176.0	3.53	174.1	180.2	3.50
General Index (All Groups)			178.0	187.7	5.45	176.3	183.6	4.14	177.2	185.8	4.85

Notes:

Prov. : Provisional.
– : CPI (Rural) for housing is not compiled.

Annex III

General CPI for States for Rural, Urban and Combined for February 2024 (Final) and March 2024 (Provisional)

(Base: 2012=100)

Sl. No.	Name of the State/UT	Rural			Urban			Combined
Sl. No.	Name of the State/UT	Weights	Feb. 24 Index (Final)	Mar. 24 Index (Prov.)	Weights	Feb. 24 Index (Final)	Mar. 24 Index (Prov.)	Weights	Feb. 24 Index (Final)	Mar. 24 Index (Prov.)
*(1)*	*(2)*	*(3)*	*(4)*	*(5)*	*(6)*	*(7)*	*(8)*	*(9)*	*(10)*	*(11)*
1	Andhra Pradesh	5.40	192.2	191.6	3.64	192.8	191.9	4.58	192.4	191.7
2	Arunachal Pradesh	0.14	190.4	190.4	0.06	—	—	0.10	190.4	190.4
3	Assam	2.63	189.0	189.4	0.79	185.7	184.9	1.77	188.3	188.5
4	Bihar	8.21	180.0	182.2	1.62	188.1	188.8	5.14	181.2	183.2
5	Chhattisgarh	1.68	176.7	177.5	1.22	174.8	174.6	1.46	176.0	176.4
6	Delhi	0.28	170.1	169.7	5.64	169.1	169.4	2.77	169.2	169.4
7	Goa	0.14	173.7	172.6	0.25	175.4	178.5	0.19	174.7	176.2
8	Gujarat	4.54	183.7	183.9	6.82	173.7	174.3	5.60	178.0	178.5
9	Haryana	3.30	187.7	189.0	3.35	177.0	177.7	3.32	182.7	183.7
10	Himachal Pradesh	1.03	174.3	173.9	0.26	179.2	178.7	0.67	175.2	174.8
11	Jharkhand	1.96	181.8	182.5	1.39	184.1	184.0	1.69	182.7	183.1
12	Karnataka	5.09	190.4	190.5	6.81	192.4	191.9	5.89	191.5	191.3
13	Kerala	5.50	192.2	193.4	3.46	190.3	191.2	4.55	191.5	192.6
14	Madhya Pradesh	4.93	184.1	184.6	3.97	187.9	187.7	4.48	185.7	185.9
15	Maharashtra	8.25	188.2	186.3	18.86	180.4	178.9	13.18	183.0	181.4
16	Manipur	0.23	216.7	218.6	0.12	181.3	182.3	0.18	205.5	207.1
17	Meghalaya	0.28	172.5	172.3	0.15	176.7	177.2	0.22	173.8	173.8
18	Mizoram	0.07	204.2	203.6	0.13	173.0	172.9	0.10	185.2	184.9
19	Nagaland	0.14	192.4	194.0	0.12	178.8	178.6	0.13	186.6	187.5
20	Odisha	2.93	188.4	188.8	1.31	181.8	181.3	2.18	186.6	186.7
21	Punjab	3.31	180.8	181.4	3.09	173.8	173.8	3.21	177.7	178.0
22	Rajasthan	6.63	184.3	184.9	4.23	183.7	183.6	5.51	184.1	184.4
23	Sikkim	0.06	196.9	196.3	0.03	185.3	184.9	0.05	193.1	192.6
24	Tamil Nadu	5.55	194.3	193.3	9.20	191.6	190.9	7.25	192.7	191.9
25	Telangana	3.16	202.5	201.7	4.41	195.9	195.0	3.74	198.9	198.0
26	Tripura	0.35	203.8	203.7	0.14	194.3	193.2	0.25	201.3	201.0
27	Uttar Pradesh	14.83	186.1	187.2	9.54	184.5	184.8	12.37	185.5	186.3
28	Uttarakhand	1.06	181.1	181.8	0.73	183.1	183.5	0.91	181.8	182.4
29	West Bengal	6.99	190.9	190.5	7.20	188.2	187.3	7.09	189.6	189.0
30	Andaman & Nicobar Islands	0.05	197.7	193.4	0.07	182.1	181.9	0.06	189.8	187.6
31	Chandigarh	0.02	181.1	183.1	0.34	171.8	172.1	0.17	172.3	172.7
32	Dadra & Nagar Haveli	0.02	172.3	173.7	0.04	180.9	180.7	0.03	178.0	178.4
33	Daman & Diu	0.02	188.6	187.3	0.02	180.5	181.5	0.02	185.2	184.9
34	Jammu & Kashmir*	1.14	195.5	196.9	0.72	191.2	191.2	0.94	194.0	194.9
35	Lakshadweep	0.01	192.0	191.0	0.01	170.6	173.4	0.01	181.1	182.0
36	Puducherry	0.08	198.3	195.3	0.27	190.3	190.1	0.17	192.3	191.4
All India		100.00	187.4	187.7	100.00	184.0	183.6	100.00	185.8	185.8

Notes:

Prov.: Provisional
–: indicates the receipt of price schedules is less than 80% of allocated schedules and therefore indices are not compiled.
*: Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu & Kashmir

and Ladakh (erstwhile State of Jammu & Kashmir).

Annex IV

Year-on-year inflation rates (%) of major^@ States for Rural, Urban and Combined for March 2024 (Provisional)

(Base: 2012=100)

Sl. No.	Name of the State/UT	Rural			Urban			Combined
Sl. No.	Name of the State/UT	Mar. 23 Index (Final)	Mar. 24Index (Prov.)	Inflation Rate (%)	Mar. 23 Index (Final)	Mar. 24Index (Prov.)	Inflation Rate (%)	Mar. 23 Index (Final)	Mar. 24Index (Prov.)	Inflation Rate (%)
*(1)*	*(2)*	*(3)*	*(4)*	*(5)*	*(6)*	*(7)*	*(8)*	*(9)*	*(10)*	*(11)*
1	Andhra Pradesh	181.1	191.6	5.80	183.7	191.9	4.46	182.1	191.7	5.27
2	Assam	178.4	189.4	6.17	175.2	184.9	5.54	177.7	188.5	6.08
3	Bihar	172.4	182.2	5.68	178.9	188.8	5.53	173.3	183.2	5.71
4	Chhattisgarh	168.4	177.5	5.40	166.9	174.6	4.61	167.8	176.4	5.13
5	Delhi	166.0	169.7	2.23	165.6	169.4	2.29	165.6	169.4	2.29
6	Gujarat	174.6	183.9	5.33	166.7	174.3	4.56	170.1	178.5	4.94
7	Haryana	176.3	189.0	7.20	169.6	177.7	4.78	173.2	183.7	6.06
8	Himachal Pradesh	166.5	173.9	4.44	174.2	178.7	2.58	167.9	174.8	4.11
9	Jharkhand	171.6	182.5	6.35	176.9	184.0	4.01	173.6	183.1	5.47
10	Karnataka	178.5	190.5	6.72	184.2	191.9	4.18	181.6	191.3	5.34
11	Kerala	184.5	193.4	4.82	182.1	191.2	5.00	183.7	192.6	4.84
12	Madhya Pradesh	174.3	184.6	5.91	179.3	187.7	4.68	176.4	185.9	5.39
13	Maharashtra	179.7	186.3	3.67	172.7	178.9	3.59	175.0	181.4	3.66
14	Odisha	176.0	188.8	7.27	170.3	181.3	6.46	174.4	186.7	7.05
15	Punjab	173.6	181.4	4.49	166.1	173.8	4.64	170.2	178.0	4.58
16	Rajasthan	176.1	184.9	5.00	173.8	183.6	5.64	175.3	184.4	5.19
17	Tamil Nadu	183.7	193.3	5.23	183.7	190.9	3.92	183.7	191.9	4.46
18	Telangana	191.0	201.7	5.60	184.6	195.0	5.63	187.5	198.0	5.60
19	Uttar Pradesh	176.1	187.2	6.30	177.4	184.8	4.17	176.6	186.3	5.49
20	Uttarakhand	175.2	181.8	3.77	177.7	183.5	3.26	176.1	182.4	3.58
21	West Bengal	182.7	190.5	4.27	181.8	187.3	3.03	182.3	189.0	3.68
22	Jammu & Kashmir*	187.1	196.9	5.24	185.9	191.2	2.85	186.7	194.9	4.39
All India		178.0	187.7	5.45	176.3	183.6	4.14	177.2	185.8	4.85

Notes:

Prov. : Provisional.
* : Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir).
^@ : States having population more than 50 lakhs as per Population Census 2011.

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Retail Inflation eases to 4.85 per cent in March, 2024

Consumer Price Index Numbers On Base 2012=100 For Rural,Urban And Combined For The Month Of March 2024

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Consumer Price Index Numbers On Base 2012=100 For Rural,
Urban And Combined For The Month Of March 2024