Retail inflation inches up to 7.59 per cent in January

The food inflation last month was 13.63 per cent, compared with (-)2.24 per cent in January 2019.

Published: 12th February 2020 06:00 PM  |   Last Updated: 12th February 2020 06:34 PM   |  A+A A-

Retail inflation

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By PTI

NEW DELHI: Retail inflation inched up to 7.59 per cent in January on costlier food items, showed government data on Wednesday.

The Consumer Price Index (CPI)-based retail inflation was 7.35 per cent in December 2019 and 1.97 per cent in January last year.

ALSO READ: Industrial production shrinks 0.3 per cent in December

The food inflation last month was 13.63 per cent, compared with (-)2.24 per cent in January 2019.

However, it is down from 14.19 per cent in December. The Reserve Bank of India had kept the key policy rate unchanged earlier this month mainly due to high inflation.