Party's national secretary Shrikant Sharma expressed hope that the initiatives taken by the Government to revive the economy will help bring down prices further in near future and ease the life of the common man in the country.
    
"The party congratulates Narendra Modi's leadership and the steps taken by his government in reviving the economy. The initiatives are aimed at bringing down prices to help the common man," Sharma said.
    
The BJP leader said that the increase in GDP and the decrease in inflation ever since the Modi Government came to power are proof of the Prime Minister's resolve to end the hardship of the poor and the common masses.
    
"This government proved to be a common man's government," he said.


    
Sharma's remarks came as the retail inflation declined to 5.52 percent in October, the lowest since the new series of data was introduced in January 2012.
    
This is the fourth consecutive month of decline in the Consumer Price Index based inflation or retail inflation which had fallen to 6.46 percent in the previous month.
    
The overall food inflation measured on CPI came down to 5.59 percent in October as against 7.67 percent in the previous month.
    
Reflecting improvement in economy, industrial output grew to three-month high of 2.5 percent in September, while retail inflation cooled to 5.5 percent in October, prompting the industry to step up the demand for a cut in interest rate by the Reserve Bank.