Retail inflation in India slowed to 4.31% in January 2025 mainly due to lower food prices, data released by the Ministry of Statistics & Programme Implementation showed on Wednesday (February 12).
| Company | Value | Change | %Change |
|---|
According to the CNBC-TV18 Poll of economists, the January 2025 CPI was pegged at 4.53%. The Consumer Price Index (CPI)-based retail inflation was 5.22% in December, and 5.1% in January 2024.
The Reserve Bank of India (RBI) has been tasked by the government to ensure retail inflation remains at 4% with a margin of 2% on either side. The CPI data is mainly factored in by the RBI while making its bi-monthly monetary policy.
(This is a developing story. Check back for more details)
First Published: Feb 12, 2025 4:19 PM IST