Lower food prices eased India’s October retail inflation to 3.31 per cent from a rise of 3.70 per cent in…
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Lower food prices eased India’s October retail inflation to 3.31 per cent from a rise of 3.70 per cent in September, official data showed on Monday.
Even on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in October 2018 was lower than in the corresponding period of last year, when retail inflation stood at 3.58 per cent.
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According to the data furnished by the Central Statistics Office (CSO), the Consumer Food Price Index (CFPI) deflated (-) 0.86 per cent in October from an expansion of 0.51 per cent in September 2018.
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