- Retail inflation, or consumer price inflation (CPI), is a measure of the change in consumer prices over time.
- Food inflation, a measure of retail inflation, defines changes in prices of foods.
- The CPI basket consists of food and beverages, fuel and light, housing and clothing, and bedding and footwear.
- The food items of the CPI include vegetables, oils & fats, fruits, pulses, and meat and fish.
- Inflation can disrupt the cash flow, increase the excess inventory, and even lower revenues for retailers.
