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Retail Inflation Stays Below RBI Target For Second Month In A Row

Retail inflation below economists' estimates, within RBI comfort zone Higher food, fuel rates, rupee weakness drive rate of price increases Factory activity growth slows down to 4.3%

Consumer inflation had hit a 10-month low in August
Consumer inflation had hit a 10-month low in August
Consumer inflation stood at 3.77 per cent in September, as against 3.69 per cent in the previous month, the government said on Friday. The pickup in inflation was driven by higher prices of food and fuel along with prevailing weakness in the rupee. The retail inflation figure was lower than economists' estimates. Analysts polled by news agency Reuters had forecast September's annual increase in the consumer price index at 4.0 per cen...
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