The All India Consumer Price Index for January 2017 is announced now. It is 274 points. For December 2016 it was 275 points. And for November 2016 it was 277 points. It means there is reduction month by month. If it remains at 274 points itself for February, then, there will be reduction of 2% in IDA from April 2017. The government may claim that the prices are falling down as an effect of demonetization !!!