What's NewThe RBI's gauge for monetary policy, CPI eases to a 19-month low in Jan'19.

India's retail inflation as measured by consumer price index (CPI) marginally declined to 2.05% YoY, lowest since Jun'17 (a 19-month low) compared to 2.19% YoY in Dec'18. Food group recorded a deflation of 2.2% YoY in Jan'19 as compared to deflation of 2.7% in Dec'18. This marks the sixth consecutive month in which inflation has come below the Central Bank's medium-term target. Continuing to maintain the core inflation (5.3% YoY in Jan'19) would mean that the upside pressures to inflation will reduce. (February 12, 2019)

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India Balance of Trade

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The RBI's gauge for monetary policy, CPI eases to a 19-month low in Jan'19.

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