SME Times News Bureau | 12 Feb, 2019
India's retail inflation more than halved in January to 2.05 per cent
from 5.07 per cent during the corresponding month of last year, official data
showed on Tuesday.
Lower food prices played the major role in bringing down retail
inflation in January.
On sequential basis, the Consumer Price Index (CPI) in January 2019 (2.05 per
cent) was lower than December 2018's retail inflation rate of 2.11 per cent.
According to the Central Statistics Office data, the Consumer Food Price Index
(CFPI) deflated to (-) 2.17 per cent in January 2019, from 4.70 per cent in the
corresponding month of 2018.
