India’s January retail inflation rate drops to 2.05 percent
Tue Feb 12 2019
Lucy Harlow (3398 articles)

India’s January retail inflation rate drops to 2.05 percent

 India’s retail inflation rate dropped to 2.05 percent in January from a year earlier, lowest since June 2017, government data showed on Tuesday.

The decline was due to a fall in food prices and smaller increases in fuel costs.

Analysts polled by Reuters had forecast January’s annual increase in the consumer price index at 2.48 percent.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe

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