Veggies, pulses drag inflation to record low of 2.18% in May.

Retail inflation fell to a record low of 2.18% in May as prices of kitchen staples like vegetables and pulses declined sharply although there was a marginal spike in fruit rates. Clothing, housing, fuel and light also saw lower inflation. CPI based retail inflation stood was at 2.99% in April 2017. In May 2016, it was at 5.76%. Overall food inflation is -1.05% during the month. Prices of vegetables declined by 13.44% and that of pulses and products by 19.45%.