Retail Inflation Likely To Average Close To 5% In Next Fiscal: Report

Retail inflation may average close to five per cent in the next fiscal year, a significant moderation versus likely the current fiscal year's average of close to six per cent, according to a recent research report by rating agency, Acuité Ratings and Research. In January 2021, the retail inflation softened further to near striking distance of the four per cent target after a gap of almost 16 months. In contrast, the wholesale inflati...