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January CPI inflation at 5.07%; IIP sees 7.1% surge

New Delhi, Feb 12 (ANI): Consumer Price Index (CPI) inflation for the month of January stood at 5.07 percent, down from 5.21 percent in December 2017. As per data released by the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, food inflation saw a marginal decline to 4.70 percent in January from 4.96 percent in December last year. The index of 'cereals and products' saw a minor rise to 135.9, 'Vegetables' fell from 161.7 in December to 151.6 in January, and that of 'Food and Beverages' segment declined from 140.5 to 139.2. The index of 'Pan, tobacco and intoxicants' deflected from 154.2 to 154.7, 'Education' rose from 138.5 to 139.0, and that of 'Fuel and Light' remained unchanged at 136.6. Meanwhile, the general index for the month of December 2017 stood at 130.3, which is 7.1 percent higher as compared to the level in the month of December 2016. Also, the cumulative growth for the period April-December 2017 over the corresponding period of the previous year was 3.7 percent.

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