- India’s retail inflation rate touched a three-month low of 5.10% in January as prices of some food items rose more slowly, data showed on Monday, although the central bank is expected to wait before cutting rates as inflation remains above its target rate.
- Annual retail inflation (INCPIY=ECI), opens new tab eased in January from 5.69% in December, government data showed, and was in line with a 5.09% forecast by a Reuters poll of 44 economists.
https://www.reuters.com/markets/asia/india-retail-inflation-dips-510-jan-3-month-low-2024-02-12/