The annual consumer price inflation dropped more than expected to a 24-month low of 8.79 percent in January, helped by moderating food prices, government data showed on Wednesday.
The forecast retail inflation showed it would slow to 9.40 percent from an annual 9.87 percent in December.
Food prices for consumers rose 9.90 percent last month from a year earlier, much slower than December's 12.16 percent rise.
The forecast retail inflation showed it would slow to 9.40 percent from an annual 9.87 percent in December.
Food prices for consumers rose 9.90 percent last month from a year earlier, much slower than December's 12.16 percent rise.