India's retail inflation rises to 6.52% in Jan
While headline consumer prices have returned to the central bank’s 2%-6% target band, core inflation, the measure that strips out volatile food and fuel costs, has stayed above 6% for the past 15 months. Photo: Reuters
India's annual retail inflation rate (INCPIY=ECI) rose to 6.52% in January from 5.72% in December, government data showed on Monday.
Retail inflation was above the Reserve Bank of India's upper targeted limit of 6% for the first time in three months. A Reuters poll of 44 economists had forecast the annual inflation rate would rise to 5.9% in January.
Keep updated, follow The Business Standard's Google news channel
