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Retail inflation drops to one-and-half year low of 2.33% in November

Retail inflation stood at 4.88 percent in November 2017.

Retail inflation drops to one-and-half year low of 2.33% in November

New Delhi: Retail inflation cooled to an about one-and-half year low of 2.33 percent in November, official data showed Wednesday.

The consumer price index (CPI) based retail inflation in October was revised upwards to 3.38 percent from 3.31 earlier, the Central Statistics Office (CSO) said.

Retail inflation stood at 4.88 percent in November 2017.

The rate of price rise has been on a decline for the past four months.

The previous low than the latest print of 2.33 percent was back in June 2017, when retail inflation stood at 1.46 percent.