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Consumer Inflation At 5.84% In March, Remains Lowest In 4 Months

The RBI tracks consumer inflation primarily for formulating its monetary policy
The RBI tracks consumer inflation primarily for formulating its monetary policy
Consumer inflation in the country was revised to a final 5.84 per cent in March from a provisional 5.91 per cent last month, official data released on Tuesday showed. That marked the lowest level of retail inflation - or the rate of increase in consumer prices determined by the Consumer Price Index (CPI) - recorded in November last year. Still, inflation stayed above the Reserve Bank of India's medium-term goal of 4 per cent for the ...
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