One of the plausible reasons could be the impact of demonetisation on the supply chain
Consumer Price Index-(CPI) based inflation for the month of January 2017 plunged to 3.17%
Food inflation was 1.37% last month, lower than a revised 2.03% in November
Food inflation was 3.88%, down from 5.91% in August; makes room for more rate cut
Retail inflation was 5.05 per cent in August
IIP revives to grow at 8-month high
The country's retail inflation for July was the highest in 19 months, with rises sustained in vegetables and pulses
Retail inflation is expected to rise to 5.90% in July from a year ago, up from 5.77% in the previous month, a poll of nearly 30 economists showed
Urban, rural areas show contrasting picture