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India Inflation Softens On Cooling Food Costs

India consumer price inflation softened to a three-month low in January on moderating food price growth, data from the Ministry of Statistics and Programme Implementation showed Monday.

The consumer price index posted an annual growth of 5.10 percent, weaker than the 5.69 percent increase in December, which was the fastest in four months. In the same period last year, inflation stood at 6.52 percent.

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by Renju Jaya

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