New Delhi, Feb 12 (IANS) Lower food prices more than halved India's retail inflation in January 2019 to 2.05 per cent from 5.07 per cent during the corresponding month of last year, official data showed on Tuesday.
On sequential basis, the Consumer Price Index (CPI) in January 2019 (2.05 per cent) was lower than December 2018's retail inflation rate of 2.11 per cent.
According to the Central Statistics Office data, the Consumer Food Price Index (CFPI) deflated to (-) 2.17 per cent in January 2019, from 4.70 per cent in the corresponding month of 2018.
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz