2 min read.Updated: 22 Aug 2017, 02:16 AM ISTTadit Kundu
Excluding vegetables and pulses, retail inflation stands at 3.8%, very close to the central bank's inflation target of 4%
The second volume of the Economic Survey released a little over a week ago by the Union finance ministry warned that the Indian economy faces deflation risks owing to the problem of over-leveraged private sector balance sheets and other headwinds such as GST and rural distress. Concerns over deflation risks are understandable, given the recent downward trend in retail price inflation.
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