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Retail inflation inches up to 7.59 pc in January

Press Trust of India  |  New Delhi 

Retail inflation inched up to 7.59 per cent in January on costlier food items, showed government data on Wednesday.

The Consumer Price Index (CPI)-based retail inflation was 7.35 per cent in December 2019 and 1.97 per cent in January last year.

The food inflation last month was 13.63 per cent, compared with (-)2.24 per cent in January 2019. However, it is down from 14.19 per cent in December.

The Reserve Bank of India had kept the key policy rate unchanged earlier this month mainly due to high inflation.

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

First Published: Wed, February 12 2020. 17:54 IST