Page 193 - economic_survey_2021-2022

Prices and Inflation 167

Figure 8: Retail Selling Price (RSP) of Petrol and Diesel in four Metros

Delhi Mumbai

120 120
110 110

100 100
Rs/lt 90 Rs/lt 90
80 80

70 70
60 60
1-Jan-20 1-Mar-20 1-May-20 1-Jul-20 1-Sep-20 1-Nov-20 1-Jan-21 1-Mar-21 1-May-21 1-Jul-21 1-Sep-21 1-Nov-21 1-Jan-20 1-Apr-20 1-Jul-20 1-Oct-20 1-Jan-21 1-Apr-21 1-Jul-21 1-Oct-21

Petrol Diesel Petrol Diesel

Chennai Kolkata

110 120
105
100 110
95 100
90
Rs/lt 85 Rs/lt 90
80
75 80
70 70
65
60 60
1-Jan-20 1-Mar-20 1-May-20 1-Jul-20 1-Sep-20 1-Nov-20 1-Jan-21 1-Mar-21 1-May-21 1-Jul-21 1-Sep-21 1-Nov-21 1-Jan-20 1-Mar-20 1-May-20 1-Jul-20 1-Sep-20 1-Nov-20 1-Jan-21 1-Mar-21 1-May-21 1-Jul-21 1-Sep-21 1-Nov-21

Petrol Diesel Petrol Diesel

Source: PPAC, MoPNG

5.11 Miscellaneous: During 2021-22 (April-December), the ‘miscellaneous’ group by
accounting for around 35 per cent of overall inflation has been important driver of retail inflation.
Within this group, high inflation in subgroup ‘transport and communication’ driven mainly by
inflation in petrol and diesel for vehicle, have been contributing significantly. ‘Clothing and
footwear’ inflation also saw a rising trend during the current financial year possibly indicating
higher production and input costs (including imported inputs) as well as due to revival of
consumer demand.

5.12 ‘Food and beverages’: Retail food inflation remained above 8 per cent from November
2019 to November 2020, but declined thereafter, recording inflation of 2.9 per cent in 2021-
22 (April-December). Inflation in cereals and products remained negative during April to
September 2021 and remained low in October-December 2021, indicating sufficient supply of
cereals, well supported by an effective Public Distribution System providing subsidized food