India’s retail inflation eases to 5.07% in January, 2018

January CPI inflation at 5.07%, IIP sees 7.1% surge
India’s annual retail inflation rate, as tracked through the Consumer Price Index (CPI), eased to 5.07 percent in January, 2018 after accelerating to a 17-month high of 5.21 percent in the previous month.
An official press release said the inflation rates based on the CPI in January, 2018 were 5.21% in rural areas and 4.93% in urban areas, adding up to a combined rate of 5.07%, as compared to 3.17% in the same month of the previous year.
The inflation rates in January, 2018 based on the Consumer Food Price Index (CFPI)  were 5.05% in rural areas and 4.06% in urban areas, making for a combined rate of 4.70% as compared to 0.61% in the same month of the previous year and 4.71% in the previous month.
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