India’s Consumer Price Index (CPI) softened to 4.44 percent in February as compared to 5.07 percent in January. As per the street expectation it was likely to come at 5.05 percent. Rural inflation has eased to 4.37 percent and urban inflation stood at 4.52 percent in February 2018. CPI food inflation for January has also softened substantially to 3.26 percent as against 4.70 percent in January.