India’s retail inflation rate eases to 4.44% in February, 2018

India’s annual inflation rate, as tracked through the Consumer Price Index (CPI), eased to a four-month low of 4.44 percent in February, 2018, from 5.07 percent in the previous month.
The fall was attributed a fall in food inflation on the back of lower vegetable prices and stability in housing inflation.
An official press release said the inflation rates based on the CPI in February, 2018 were 4.37% in rural areas and 4.52% in urban areas, adding up to a combined rate of 4.44%, as compared to 3.65% in the same month of the previous year.
The inflation rates in February, 2018 based on the Consumer Food Price Index (CFPI)  were 3.62% in rural areas and 2.45% in urban areas, making for a combined rate of 3.26% as compared to 4.70% in the previous month and 2.01% in the same  month of the previous year.
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