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Retail inflation slows to 18-month low of 2.19 pc in Dec

Press Trust of India  |  New Delhi 

declined to an 18-month low of 2.19 per cent in December 2018 mainly on account of sliding prices of fruits, vegetables and fuel.

The based on the Consumer (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

The previous low was 1.46 per cent in June 2017.

According to the data released by the Ministry of Statistics and Programme Implementation, remained in the negative zone at 2.51 per cent compared to (-) 2.61 per cent in the November.

The rate of price rise in vegetables, fruits and protein-rich eggs continued to decline.

However, there was a marginal increase in prices of meat, fish, and pulses.

Fuel and light inflation was 4.54 per cent in December, down from 7.39 per cent in November on back of reduction in prices of petrol and diesel.

Another data released earlier in the day showed that inflation based on wholesale prices fell to an eight-month low of 3.80 per cent in December, 2018, on softening prices of fuel and some

The Wholesale Price Index-based inflation stood at 4.64 per cent in November 2018 and 3.58 per cent in December 2017.

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

First Published: Mon, January 14 2019. 18:00 IST
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