Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) decreased to 7.0 per cent in March 2020 from 8.1 per cent in February 2020. This was driven by monthly decrease of prices of the items in the Food category. Accordingly, Food inflation (Y-o-Y) declined to 14.1 per cent in March 2020 from 16.3 per cent in February 2020. Meanwhile, Non-food inflation (Y-o-Y) recorded at 1.8 per cent in March 2020.
Published Date:
Wednesday, April 22, 2020