Consumer Inflation Hits 10-Month Low, Falls Below RBI Target Despite Rupee Slide

Consumer Inflation Hits 10-Month Low, Falls Below RBI Target Despite Rupee Slide

The median forecast of economists polled by Reuters for August was 3.86 per cent. New Delhi: Retail inflation fell below the Reserve Bank of India’s medium-term target in August, increasing the likelihood it will keep interest rates on hold in October after raising them at its past two meetings. Consumer prices rose 3.69 per cent…

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