India's retail inflation slows to 3-month low of 5.17% in March

[NEW DELHI] India's annual consumer price inflation unexpectedly slowed down to a three-month low of 5.17 per cent in March as food prices moderated, government data showed on Monday.

The data compared with a 5.5 per cent annual rise predicted by analysts in a Reuters poll and February's 5.37 per cent print.

Consumer food price inflation eased to 6.14 per cent last month compared with February's upwardly revised 6.88 per cent.

REUTERS