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Consumer Inflation Eases To Lowest Level In Nearly A Year-And-A-Half
Consumer inflation below RBI's medium-target for fourth straight month Rate in price increase was last below 2.33% in June 2017 Wednesday's data supports RBI's move to hold key rates earlier this month
12 Dec 2018, 05:38 PM IST 
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November marked the 4th consecutive month in which inflation was within RBI's medium-term goal of 4%.
Consumer inflation eased to 2.33 per cent in November, provisional data from the government showed on Wednesday. This marked the lowest level of consumer inflation recorded since June last year, when it stood at 1.46 per cent. Determined by Consumer Price Index (CPI), the rate of increase in prices was better than economists' estimates. Retail inflation was expected at 2.80 per cent in November in a poll of 40 economists conducted by...
