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India's January retail inflation rate drops to 2.05 percent

Reuters  |  NEW DELHI 

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

The decline was due to a fall in and smaller increases in fuel costs.

Analysts polled by had forecast January's annual increase in the consumer price index at 2.48 percent.

(Reporting by Manoj Kumar; Editing by Sanjeev Miglani)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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