India: Inflation continues to rise in January
Consumer prices fell 0.30% from the previous month in January, which matched December’s decline. January’s result was driven by falling prices for food and beverages, and easing price pressures for fuel.
Inflation came in at 6.0% in January, up from December’s 5.7%. January’s result represented the highest inflation rate since June 2021. Annual average inflation edged up to 5.3% in January (December: 5.1%).