India's plunging inflation rate opens door to monetary easing
Annual retail price inflation last month declined to its lowest level since June 2017, as food prices fell for third straight month, government data showed on Monday.
The outcome was lower than the 2.33 percent recorded in November and broadly in line with a 2.20 percent increase forecast by economists in a Reuters poll.
Published Date: Jan 14th, 2019 07:37 PM | Updated Date: January 15, 2019 06:46 AM IST
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more