Food inflation in January stood at (-) 2.8 per cent, against (-) 1.11 per cent in the previous month.
Inflation in vegetables and potatoes was (-) 20.82 per cent and 22.04 per cent during January, while in the fuel and power basket it was (-) 4.78 per cent.
In non-food articles inflation was higher at 4.16 per cent during the month under review.
The Reserve Bank of India (RBI) in its monetary policy decision on February 5, kept interest rates unchanged for the fourth consecutive meeting and said that the near-term inflation outlook has turned favourable.
Meanwhile, retail inflation, based on the consumer price index, was at 4.06 per cent in January, data released last week showed.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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