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Lower food prices more than halve India's retail inflation in January

IANS  |  New Delhi 

more than halved India's retail in January 2019 to 2.05 per cent from 5.07 per cent during the corresponding month of last year, official data showed on Tuesday.

On sequential basis, the Consumer Price Index (CPI) in January 2019 (2.05 per cent) was lower than December 2018's retail rate of 2.11 per cent.

According to the data, the Consumer Food Price Index (CFPI) deflated to (-) 2.17 per cent in January 2019, from 4.70 per cent in the corresponding month of 2018.

--IANS

rv-bc/sn/nir

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 19:47 IST
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