Retail inflation declines to 4.31% in January
Consumer price inflation eased to 4.31% in January from 5.22% in December, driven mainly by declining food costs. Food inflation registered at 6.02%, a notable drop from 8.39% in December. The RBI aims to keep retail inflation around 4%, with a permissible range of 2% above or below this target.
Consumer price inflation eased to 4.31% in January from 5.22% in December, driven mainly by declining food costs. Food inflation registered at 6.02%, a notable drop from 8.39% in December. The RBI aims to keep retail inflation around 4%, with a permissible range of 2% above or below this target.
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