India

May retail inflation in India falls to 2.18% on lower food prices

Heritage Foods retail

New Delhi, June 12: Retail, or consumer price indexed (CPI), inflation in India during May fell to 2.18 per cent, as compared to 5.76 per cent in the same month of last year, pulled down by sharp fall in food prices, official data showed here on Monday.

The May retail inflation rate fell, even as compared to April when it prevailed at a higher rate of 2.99 per cent.

IANS

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