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Retail inflation expected to be five-month low as food prices drop: Poll

If the consensus matches the actual release, it would be the smallest annual increase in retail prices since October

Reuters 

Indian retail inflation was expected to have eased to a five-month low in March as increases in food prices slowed once again but remained above the central bank's medium-term target, a Reuters poll found. That, coupled with the latest data which showed Asia's third-largest economy beat China to regain top spot as the fastest growing major economy. That should give policymakers some relief as they seek to keep inflation under control without hurting growth. Annual consumer price inflation was expected to have softened to 4.20 percent in March from February's 4.44 ...

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First Published: Wed, April 11 2018. 13:47 IST
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