Retail inflation cools to 3.41 percent in December

Source : REUTERS
Last Updated: Thu, Jan 12, 2017 18:05 hrs
A woman looks at an item as she shops at a food superstore in Ahmedabad

NEW DELHI (Reuters) - India's annual consumer price inflation eased to 3.41 percent in December, its lowest level in more than two years, helped by a sharp cooling in food prices, government data showed on Thursday.

Economists surveyed by Reuters had expected annual retail inflation to come in at 3.57 percent last month, compared with 3.63 percent in November.

Food inflation was 1.37 percent last month, lower than a revised 2.03 percent in November.

(Reporting by Rajesh Kumar Singh; Editing by Sanjeev Miglani)

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