Rediff.com » Business
December retail inflation slows to three-month low
By Rajesh Kumar Singh
January 13, 2014 18:46 IST
India's annual consumer price inflation eased faster than expected to a three-month low of 9.87 per cent in December from 11.24 per cent in November,
on a moderation in vegetable prices, government data showed on Monday.
A Reuters poll had forecast consumer inflation slowing down to 9.92 per cent.
Food prices for consumers last month rose 12.16 per cent from a year earlier, slower than November's 14.72 per cent rise.
Source:
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