The rate of inflation for pulses in February, 2023 was 4.09%, lower than Consumer Food Price Index

The rate of inflation for pulses in February, 2023 was 4.09%, lower than Consumer Food Price Index

Posted On: 23 MAR 2023 6:01PM by PIB Delhi

The Union Minister of State for Consumer Affairs, Food and Public Distribution, Shri Ashwini Kumar Choubey in a written reply to a question in Lok Sabha that, Retail food inflation, measured by the Consumer Food Price Index (CFPI) brought out by the Ministry of Statistics and Programme Implementation (MoSPI), has declined from 8.60 percent in September, 2022 to 5.95 per cent in February, 2023. The rate of inflation for pulses in February, 2023 was 4.09% which is lower than (CFPI).

The Department of Consumer Affairs monitors the retail and wholesale prices of essential food commodities reported on daily basis by State Food and Civil Supply Departments from 482 price reporting centres across the country. Prices of food commodities are affected by diverse factors such as production, seasonality in crop arrivals, supply chain logistics, adverse weather conditions etc. The daily report of prices and indicative price trends are duly analysed for appropriate intervention for release of stocks from the buffer, export-import policy etc.

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