GO
Loading...

TABLE-India's Sept CPI inflation at 9.73 pct y/y

NEW DELHI, Oct 12 (Reuters) - India's annual consumer price inflation

fell in September to 9.73 percent, driven by a marginal fall in fuel and food prices, government data showed on Friday.

India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa - and is way above what the Reserve Bank of India (RBI) calls its comfort level.

Food prices for consumers fell to 11.6 percent in September from 12 percent in August. The consumer price index (CPI) reading for August was at 10.03 percent.

Unlike most central banks, the Reserve Bank of India mainly uses the wholesale price index for monitoring inflation, as annual consumer price inflation data was only launched this year.

KEY POINTS:

--------------------------------------------------------------

SUB INDEX (Weighting) Sept August Pct change Pct 2012 2012 FOOD ITEMS 49.71 126.1 125.1 +0.80 FUEL AND ELECTRICITY 9.49 126.5 125.4 +0.88 HOUSING 9.77 120.6 119.5 +0.92 CLOTHING, BEDDING AND FOOTWEAR 4.73 131.5 130.2 +1.0 SERVICES (MISC) 26.31 118.9 117.8 +0.93

---------------------------------------------------------------

Note: Weighting figures are rounded off.

Source: Ministry of Statistics and Programme Implementation. ----------------------------------------------------------------

(Compiled by Arup Roychoudhury)

((arup.roychoudhury@thomsonreuters.com)(+91 11 4178 1007)(Reuters Messaging: arup.roychoudhury.thomsonreuters.com@reuters.net))

Keywords: INDIA ECONOMY/CPI