Super-core inflation spikes

At a time when consumer price inflation eased to a seven-month low of 3.6% in February on a high base and cooling vegetable prices, "super-core" inflation rose to a 16-month high of 4.5%, reflecting elevated prices of services, reports Saikat Neogi.

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Though the current retail inflation at home is benign, the tariff wars triggered by the US could push inflation globally, leading to a spike in imported inflation in the coming months.