New Delhi, Feb. 12 -- India's retail inflation rose for the third successive month in January, data released by the statistics ministry on Thursday showed.

This was the first set of data based on the new consumer price index (CPI) series with 2024 as the base year. It showed that inflation firmed up owing to a moderation in negative food inflation and an uptick in core inflation.

At 2.75%, the CPI-based inflation value hit a high in January. The comparable figure was 1.17% in December and 0.49% in November under the CPI 2012 series. Last January, CPI inflation came in at a high of 4.31% under the previous series, but declined steadily thereafter and built up an unfavourable base.

Despite the rise, the January print was below the estima...