BRIGHTENING the prospects of another interest rate cut by the Reserve Bank of India next month, retail inflation eased to a seven-month low of 3.61% in February, driven by a sharp decline in food prices, government data released on Wednesday showed. Notably, consumer inflation has fallen below RBI's 4% target after a gap of six months, and is the lowest since July 2024. In January 2025, retail inflation was at 4.26%.
Dit verhaal komt uit de March 13, 2025 editie van The New Indian Express Kalaburagi.
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Dit verhaal komt uit de March 13, 2025 editie van The New Indian Express Kalaburagi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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