Meanwhile, food inflation also decreased to 0.5% in September, down from 2.3% in August.The NCPI for all items for the month of September 2024 is 203.1 and it records a decrease of 1.0 in index points compared to August 2024.

The NCPI for all items for the months of September 2024 is 203.1. A decrease of 1.0 index points or 0.48 percentage compared to August 2024 for which the index was 204.1. This decrease represents a decrease in expenditure value of Rs. 500.25 in the “market basket”.

The overall rate of inflation as measured by the NCPI on a Year-over Year basis was -0.2% in September 2024 and inflation calculated for the August 2024 was 1.1%.