India's May YoY CPI inflation rate 4.75%, 2.74% for clothing-footwear

13 Jun '24

1 min read

India's May YoY CPI inflation rate 4.75%, 2.74% for clothing-footwear

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Insights

India's YoY inflation rate based on the CPI was 4.75 per cent in May, provisional data show.
Among the groups, inflation corresponding to clothing and footwear fell since last month.
The CPI for clothing and footwear in May was 191.3 (provisional), while the same was 191 (final) in April.
The YoY inflation rate for the sector in May was 2.74 per cent.

India’s year-on-year inflation rate based on the consumer price index (CPI) was 4.75 per cent in May this year, according to provisional official data.

Corresponding inflation rates for rural and urban areas were 5.28 per cent and 4.15 per cent respectively.

Country-wide inflation based on general CPI was the lowest this May after May 2023. It is less than 6 per cent since September last year, a release from the National Statistics Office (NSO) under the ministry of statistic and programme implementation said.

Among the groups, inflation corresponding to clothing and footwear decreased since last month.

The CPI for clothing and footwear in May was 191.3 (provisional), while the same was 191 (final) in April. The YoY inflation rate for the sector in May was 2.74 per cent.

Fibre2Fashion News Desk (DS)

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