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Retail inflation drops to 4 59 pc in December, says govt data

Updated: Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November. Share Article AAA Retail inflation fell sharply to 4.59% in December, mainly due to declining food prices, government data showed on Tuesday. File   | Photo Credit: V.V. Krishnan Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November. Retail inflation fell sharply to 4.59% in December, mainly due to declining food prices, government data showed on Tuesday. Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November. Food inflation declined to 3.41% in December in 2020, compared to 9.5% in the previous month, according to the data released by the Ministry of Statistics and Programme Implementation.

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