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India's January core consumer inflation at around 5.4 percent: analysts

Reuters  |  MUMBAI 

(Reuters) - India's core consumer was around 5.4 percent in January slightly softer than a downwardly revised 5.6 percent in December, according to two analysts who estimated from figures released on Tuesday.

India's retail rate dropped to 2.05 percent in January from a year earlier, lowest since June 2017, government data showed.

A poll had forecast inflation print to be at 2.48 percent. The December annual CPI inflation was revised downwards to 2.11 percent from 2.19 percent earlier, data showed.

(Reporting by Suvashree Dey Choudhury; Editing by Rashmi Aich)

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

First Published: Tue, February 12 2019. 18:00 IST