Retail inflation eases to one-year-low of 4.31 percent in September

Source : REUTERS
Last Updated: Thu, Oct 13, 2016 18:35 hrs
People shop inside a grocery store at a residential area in Mumbai

India's annual consumer price inflation eased to 4.31 percent in September, its lowest level in 13 months, helped by smaller rises in food prices, government data showed on Thursday.

Economists surveyed by Reuters had expected annual retail inflation to come in at 4.80 percent last month, compared with 5.05 percent in August.

Food inflation was 3.88 percent last month, much slower than 5.91 percent recorded in August.

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