Retail inflation figures: The inflation rate based on the Consumer Price Index (CPI) stood at 5.72 per cent December and 6.01 per cent in January 2022.
This is the first time in 11 months that the retail inflation print has come within the RBI's tolerance band of 4 (+ /- 2) per cent. The consumer price index (CPI) based retail inflation was 6.77 per cent in October 2022, and 4.91 per cent in November last year.