Retail inflation in December hits 17-month high of 5.21%
India's retail inflation measured by the Consumer Price Index (CPI) stood at 5.21% in December, its highest level in 17 months, government data showed on Friday. This is higher than the Reserve Bank of India's estimate of 4.3-4.7%. The rate of retail food inflation during December stood at 4.96% on a year-on-year basis, against 4.35% in the previous month.