India's January retail inflation rate drops to 2.05 percent
- By Reuters |
- Feb 12, 2019
- Last Updated at 17:50 IST
NEW DELHI - 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.
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