Business Standard

India's retail inflation cools to five-year low of 3.17 percent in January

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's annual consumer price inflation eased to 3.17 percent in January, its lowest level in at least five years, helped by a sharp cooling in food prices, government data showed on Monday.

Economists polled by Reuters had expected last month's annual retail inflation to come in at 3.22 percent, compared with 3.41 percent in December.

Food inflation was 0.53 percent last month, lower than 1.37 percent in December.

(Reporting by Rajesh Kumar Singh; Editing by Douglas Busvine)

(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.)

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First Published: Feb 13 2017 | 6:11 PM IST

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