As projected by the Reserve Bank of India, the rate of inflation in India has declined for the second month in a trot. The Consumer Price Index (CPI), which measures retail inflation, has dipped to 4.31 per cent for the month of January. Previously, the rate of inflation in the month of December stood at 5.22 per cent.
Inflation Dips
This rate is still higher than the RBI threshold of 4 per cent.
Meanwhile, when we look at the Indian states that contribute to this inflation rate, the conflict-ridden Manipur recorded the highest inflation rate for the second straight month. The Northeastern recorded CPI of 7.41 per cent.
Kerala Records High Inflation
However, when we look at the bigger states, Kerala, which has had the highest inflation rate amongst its Southern counterparts, this time has topped the list nationally, going past its Northern counterparts in the process.
In December, the likes of Bihar and Uttar Pradesh experienced a high inflation rate.
The Southern state with a population of over 3 crore recorded a high inflation rate of 6.76 per cent. Kerala was followed by Odisha among the big states. The Odiya-speaking state had a CPI rate of 6.05 per cent.
Maharashtra at 3.39 per cent
The Southern states, which also include the aforementioned state of Kerala, had an average inflation rate of 4.59 per cent, which is higher than the national rate of inflation.
Telangana recorded one of the lowest rates of 2.22 per cent. The state of Maharashtra recorded an inflation rate of 3.39 per cent in the month of January.
Now we look at the distinction between Rural and Urban inflation nationally. Here, the rural inflation rate dipped to 4.64 per cent, compared to the previous month’s 5.76 per cent.
When it comes to urban CPI, the index dipped to 3.87 per cent, compared to 4.58 per cent in the last month of 2024.
