India's retail inflation eases to 6.44% in Feb, but remains above RBI's target band3 min read . Updated: 13 Mar 2023, 05:32 PM IST
- 'Overall, the worst of inflation is likely behind us. Headline inflation could fall below 6% in Mar'23 and further down towards 5% in coming months. We also believe that 25bps hike in April by the RBI is almost certain,' said Nikhil Gupta, Chief Economist, MOFSL Group
India's retail inflation edged down slightly to 6.44 per cent in February from January's three-month high of 6.52 per cent, according to the data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday.
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