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No relief in sight for common man! January retail inflation rises to near 6-yr high of 7.59%

Food prices, which is a gauge to measure changes in kitchen budgets, fell 13.63 percent, against a growth of 14.1 percent in December.

February 13, 2020 / 01:14 PM IST

India's retail inflation rate in January stood at 7.59 percent, according to data released by the Central Statistics Office (CSO) on February 12.

Retail inflation for December was seen at 7.35 percent.

Retail inflation has breached the Reserve Bank of India's medium-term target of 4 percent for the fourth straight month.

January core inflation is at 4.8 percent versus 3.7 per cent in December.