New Delhi, 12 February (IANS). There is good news for the common people on the inflation front in India. In January, retail inflation has fallen to a five -month low of 4.31 percent. Earlier in December it was at 5.22 percent. This information was given in the data released by the government on Wednesday.
The decrease in inflation has come at a time when the repo rate has been reduced by 25 basis points or 0.25 percent to 6.25 percent by the Reserve Bank of India (RBI) last week.
The decline in inflation is due to a decrease in the prices of food products. The food inflation rate in January has been 6.02 percent. It was 8.39 percent in December. This is the lowest level of food inflation rate after August 2024.
Last month, food inflation was 6.31 percent in rural areas and 5.53 percent in urban areas.
The overall inflation in rural areas was 4.64 percent in January, which was 5.76 percent in December. At the same time, the overall inflation in urban areas was 3.87 percent last month, which was at 4.58 percent in December.
Housing inflation was 2.76 percent in January 2025, which was 2.71 percent in December.
According to the official statement issued by the government, “The main reason for the gross inflation rate and strong fall in food inflation during the month of January is the decline in vegetables, eggs, pulses, grains, education, clothes and health inflation.”
Coconut oil price is 54.20 percent, 49.61 percent in potato price, 38.71 percent in the price of coconut, 30.65 percent in garlic price and 30.17 percent in the price of peas (vegetables) in January as compared to the same period last year. Has got
At the same time, on an annual basis, the price of cumin seeds, 32.25 percent, ginger price -30.92 percent, dry chili price -11.27 percent, -94 percent in brinjal and LPG (except vehicle) decrease in -9.29 percent Has come.
Inflation in fuel and electricity price has been -1.38 percent in January. It was -1.33 percent in December 2024. This shows that fuel prices are decreasing.
-IANS
ABS/
