Brief by Shorts91 Newsdesk / 11:30am on 12 Mar 2026,Thursday International
India’s retail inflation rose to 3.21% in February from 2.75% in January, according to data released by the Ministry of Statistics and Programme Implementation. The increase was mainly driven by food prices. Food inflation stood at 3.75% in February. Prices changed across vegetables, cereals and pulses. Food items have a large weight in the Consumer Price Index. Urban inflation was recorded at 3.32%. Rural inflation stood at 3.07%. Despite the rise, inflation remains within the Reserve Bank of India’s target band of 2–6%. The central bank aims to keep inflation near 4%. Economists say global oil prices and supply disruptions could affect inflation trends in the coming months. (PC: India Today)
