Retail inflation in India eased to 5.10% in January, down from 5.69% in December. Inflation rates in rural and urban areas also decreased. While the retail inflation is within the RBI's comfort level, it remains above the ideal 4% scenario. Analysts believe that the RBI may hold interest rates steady until at least the June policy review, but if the trajectory persists, rate cuts may be implemented. The arrival of early harvest and a favorable base effect are expected to alleviate price pressures.
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