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Retail inflation in January slows to 24-month low of 8.79%
12 Feb 2014, 05:57 PM IST i

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The annual consumer price inflation eased more than expected to a 24-month low of 8.79 percent in January, helped by moderating food prices, government data showed on Wednesday.
A Reuters poll had forecast retail inflation would slow to 9.40 percent from an annual 9.87 percent in December.
Food prices for consumers rose 9.90 percent last month from a year earlier, much slower than December's 12.16 percent rise.
The Reserve...
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