Retail inflation declined to 4.31% in January

New Delhi: Retail inflation slowed to 4.31 per cent in January mainly due to lower food prices, according to official data released Wednesday.

The Consumer Price Index (CPI)-based retail inflation was 5.22 per cent in December, and 5.1 per cent in January 2024.

Also Read

US did not accept India’s request for consultations at WTO over import tariffs: Minister

2 hours ago

Sensex drops 308 pts ahead of RBI policy decision; RIL, HDFC Bank major drags

3 hours ago

The inflation in the food basket was 6.02 per cent, lower than 8.39 per cent in December and 8.3 per cent in the year-ago month.

The Reserve Bank of India (RBI) has been asked to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.

PTI