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December retail inflation rate drops to 2.19 percent, lowest since June 2017

Reuters  |  NEW DELHI 

(Reuters) - India's retail rate dropped to 2.19 percent in December from a year earlier, the lowest level since June 2017, government data showed on Monday. The decline was helped by a fall in and smaller increases in fuel costs.

Analysts polled by had forecast December's annual increase in the consumer price index at 2.20 percent, compared with November's 2.33 percent.

(Reporting by Manoj Kumar)

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

First Published: Mon, January 14 2019. 17:48 IST
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