India’s Retail Inflation Drops To 4.87 Per Cent In October 2023

New Delhi, November 13 (TNA) The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released 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 October 2023 (Provisional). CPIs for Sub-Groups and Groups for both All India and all States/UTs have also been 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 October 2023, NSO collected prices from 99.8% villages and 98.6% urban markets while the market-wise prices reported therein were 89.0% for rural and 92.0% for urban.