BusinessConsumer Inflation At 2.05% In January, Lowest Since June 2017
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Consumer Inflation At 2.05% In January, Lowest Since June 2017
Consumer inflation stays within RBI's medium-term goal for 6 months
CPI inflation for December revised downwards to 2.11% from 2.19%
Factory output growth up at 2.4% in December, from 0.3% in previous month
Consumer inflation had in the previous month slowed to its lowest rate since June 2017
Consumer inflation stood at a provisional 2.05 per cent in January, its lowest level recorded since June 2017, government data showed on Tuesday. That marked a sixth consecutive month in which inflation came in within the central bank's medium-term target. At 2.05 per cent, inflation in January was lower than economists' expectations. Economists had on an average expected inflation at 2.48 per cent in January, according to a poll of ...