1. India’s retail inflation eases to 14-month low of 4.20 pct in Oct

India’s retail inflation eases to 14-month low of 4.20 pct in Oct

India's annual consumer price inflation eased to 4.20 percent in October, its lowest level in 14 months, helped by smaller rises in food prices, government data showed on Tuesday.

By: | New Delhi | Published: November 15, 2016 6:31 PM
demonetisation, demonetisation of currency, demonetisation of 500, demonetisation 1000 Retail inflation hits low (Reuters file photo)

India’s annual consumer price inflation eased to 4.20 percent in October, its lowest level in 14 months, helped by smaller rises in food prices, government data showed on Tuesday.

The reading matched the median consensus in a Reuters’ poll of economists. Retail prices were up 4.39 percent on year in September.

Food inflation was 3.32 percent last month, lower than 3.96 percent recorded in September.

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