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Retail Inflation In January Likely Softened To Lowest Since October 2019: Report

A private survey showed cost prices rose across the manufacturing and services sectors
A private survey showed cost prices rose across the manufacturing and services sectors
The country's retail inflation slipped marginally in January but was within the Reserve Bank of India's target range for a second month as vegetable prices declined further, a Reuters poll predicted. The February 5-9 poll of 50 economists showed retail inflation fell to 4.45 per cent in January from December's 4.59 per cent. If this holds true, inflation would be its lowest since October 2019 and within the RBI's target zone of two p...
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