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Retail inflation slips below 4% after 6 mths
Hindustan Times Ranchi
|March 13, 2025
India's retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices, giving the central bank room to cut rates further in coming meetings.
NEW DELHI:
Annual retail inflation in February eased to 3.61%, below economists' estimate of 3.98% and the lowest since July. Inflation for January was revised to 4.26% from 4.31%.
The South Asian country's inflation has been within the Reserve Bank of India's (RBI) tolerance band of 2%-6% for four consecutive months.
The slower rate of inflation has been mainly aided by the fall in vegetable prices due to improved supplies on the back of favourable weather.
Bu hikaye Hindustan Times Ranchi dergisinin March 13, 2025 baskısından alınmıştır.
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