On month-on-month basis, the Headline index increased by 0.74 per cent in January 2019, same rate as was recorded in December 2018 (0.74) per cent. This was up by 0.31 per cent when compared with 0.50 per cent recorded in December 2018. Elsewhere, m/m food inflation notched higher, on account of price pressure in processed food (c. 4% of food basket), even as farm produce moderated as we had expected. The composite food index rose by 13.51 per cent in January 2019 compared to 13.56 per cent in December 2018. The urban inflation rate increased by 11.66 per cent (year-on-year) in January 2019 from 11.73 per cent recorded in December 2018, while the rural inflation rate increased by 11.11 percent in January 2019 from 11.18 percent in December 2018.

Source: The Guardian February 20, 2019 04:30 UTC