New Delhi: Retail inflation fell to a 19-month low of 2.05 per cent in January due to fall in prices of food articles, mainly fruit and vegetables, coupled with easing of fuel cost, according to government data.
The consumer price index (CPI)-based retail inflation was revised downwards for the preceding month December to 2.11 per cent from the earlier estimate of 2.19 per cent, data from the Central Statistics Office (CSO).
In the year-ago month, January 2018, the retail inflation was at 5.07 per cent.
Fruits, vegetables and eggs continued to witness deflationary trend during January this year, with their prices declining 4.18 per cent, 13.32 per cent and 2.44 per cent, respectively, according to CSO.
The rate of price rise in the ‘fuel and light’ category was 2.20 per cent in January 2019, compared with 4.54 per cent in December 2018.
The overall food inflation during the latest month remained in the negative zone at (-) 2.17 per cent. It was (-) 2.51 per cent in December 2018.