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Retail inflation eases to 14-month low of 4.20 pct in Oct

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Reuters NEW DELHI
Last Updated : Nov 15 2016 | 6:30 PM IST

NEW DELHI (Reuters) - India's annual consumer price inflation eased to 4.20 percent in October, its lowest level in 14 months, helped by smaller rises in food prices, government data showed on Tuesday.

The reading matched the median consensus in a Reuters' poll of economists. Retail prices were up 4.39 percent on year in September.

Food inflation was 3.32 percent last month, lower than 3.96 percent recorded in September.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: Nov 15 2016 | 6:17 PM IST

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