February 13, 2017 / 12:09 PM / 5 months ago

India's retail inflation cools to five-year low of 3.17 pct in Jan

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NEW DELHI, Feb 13 (Reuters) - India's annual consumer price inflation eased to 3.17 percent in January, its lowest level in at least five years, helped by a sharp cooling in food prices, government data showed on Monday.

Economists polled by Reuters had expected last month's annual retail inflation to come in at 3.22 percent, compared with 3.41 percent in December.

Food inflation was 0.53 percent last month, lower than 1.37 percent in December. (Reporting by Rajesh Kumar Singh; Editing by Douglas Busvine)

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