India's consumer price inflation unexpectedly slowed in January, mainly due to a fall in food prices, while industrial production grew at a faster-than-expected pace at the end of last year.
The consumer price index rose 2.05 percent year-on-year following a 2.11 percent climb in December, which was revised from 2.19 percent, figures from the Central Statistics Office showed on Tuesday.
Economists had expected 2.54 percent inflation. In January 2018, inflation was 5.07 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.