Retail inflation likely eased to a five-month low in Jan: Mint poll

Continuing softness All economists polled by Mint expected inflation to moderate in January.

- Manjul Paul

India's retail inflation likely eased to a five-month low of 4.5% in January, according to a Mint poll of 23 economists. This will be significantly below the 5.2% print recorded in December, mainly due to continuing softness in the price of food, particularly vegetables.

While all economists polled by Mint expected inflation to moderate in January, one projected only a minor easing to 5.1%. Barring this, the projections for inflation were in the range of 4.2-4.7%. The official data is scheduled to be released on Wednesday.