India's retail inflation touches 2.05 pct in January
New Delhi, Feb 12 (IBNS): India's retail inflation touched 2.05 percent in January 2019 compared with a revised 2.11 percent in December 2018, as per government data released on Tuesday.
The country's Consumer food price index stood at (-)2.17 percent in January.
Provisional indices for the month of January 2019 and also the final indices for December 2018 are being released with this note for all-India and for State/UTs.
The fall in food prices and smaller increases in fuel costs could be cited as the reason behind the decline of the numbers.
"Price data are collected from selected towns and selected villages by the Field Operations Division of NSSO. Price data are received through web portals, maintained by the National Informatics Centre," read a government statement.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
