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India's retail inflation to remain above 5% till May: SBI Research report

By Economic Times - 8 months ago
India's retail inflation, measured by the Consumer Price Index (CPI), is predicted to hover slightly above 5% until May, decreasing to around 3% by July, as forecasted by SBI Research. The February inflation rate eased to 5.09%, with protein items and vegetable prices contributing significantly. Despite staying within the RBI's 2-6% comfort range, it remains above the ideal 4%.

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