Re­tail In­fla­tion at 5-Year Low in Jan

The Economic Times - - Front Page -

Re­tail in­fla­tion mod­er­ated to 3.17% in Jan­uary, the low­est since In­dia started putting out con­sumer in­fla­tion num­bers in Jan­uary 2012. The de­cline was led by a marked fall in food in­fla­tion, data re­leased by the Cen­tral Statis­tics Of­fice showed Mon­day, though the closely watched core in­fla­tion rose fur­ther, sug­gest­ing de­cline in in­fla­tion is not likely to change the cen­tral bank’s view on a rate cut.

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