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CPI eases to three-month low of 9.87 percent

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's annual consumer price inflation eased faster than expected to a three-month low of 9.87 percent in December from 11.24 percent in November, on a moderation in vegetable prices, government data showed on Monday.

A Reuters poll had forecast consumer inflation slowing down to 9.92 percent.

Food prices for consumers last month rose 12.16 percent from a year earlier, slower than November's 14.72 percent rise.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

 

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First Published: Jan 13 2014 | 6:19 PM IST

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