INDIAN ECONOMY

Consumer Price Index Inflation 

  • Context: The country’s retail inflation rose to 3.21% in February. In January, it stood at 2.74%.
  • This information is indicated by the Consumer Price Index (CPI) statistics released by the National Statistics Office.
  • The rise in the prices of food items is the primary reason for the increase in inflation.
  • Food inflation, which was 2.13% in January, rose to 3.47% in February.
  • Inflation was recorded at 3.37% in rural areas and 3.02% in urban areas.

About Retail Inflation

    • Retail inflation refers to the rise in the prices of goods and services (such as food, clothing, housing, and fuel) that consumers purchase from stores for their daily use.
  • It is measured using the Consumer Price Index (CPI).

Current Facts

  • cVIGIL App
  • Introduced by the Election Commission of India (ECI), the cVIGIL app empowers citizens to instantly report violations of the Model Code of Conduct (MCC) and expenditure-related issues during election periods.
  • Through this app, users can upload photos, audio clips, or videos.
  • Promising action on complaints within 100 minutes, the app also features an automated facility for geotagging to pinpoint the exact location.
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