Retail inflation, calculated on the basis of Consumer Price Index, came down to 4.06 per cent in January from 4.59 per cent in December last year as food prices eased significantly. Inflation in food basket almost halved to 1.89 per cent in January as compared to 3.41 per cent recorded in the previous month. The decline in food prices came on the back of 15.84 per cent decline in vegetable prices during the month under review.

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Retail inflation eases to 4.06% in Jan as food prices cool down

Inflation in food basket almost halved to 1.89 per cent in January as compared to 3.41 per cent recorded in December on the back of 15.84 per cent decline in vegetable prices