Retail inflation dips further to 2.05% in January; lowest in 19 months
Retail inflation softens to 2.05 percent in January, compared to 2.11 percent in December last year; Industrial production also rose to 2.4 percent from 0.5 percent in November.
Retail inflation fell to a 19-month low of 2.05 per cent in January due to fall in prices of food articles, mainly fruit and vegetables, coupled with easing of fuel cost, government data showed Tuesday.
The Consumer Price Index based retail inflation was revised downwards for the preceding month December to 2.11 per cent from the earlier estimate of 2.19 per cent, showed data from the Central Statistics Office.In the year-ago month, January 2018, the retail inflation was at 5.07 per cent.







