Retail Inflation Seen Hitting 4-Month High In May: Survey

May Retail Inflation CPI Might Hit 4-Month High Oil Price: Survey

Oil prices hit a 3-1/2-year high last month. BENGALURU: Retail inflation jumped further in May to a four-month high, primarily driven by a surge in energy prices, according to a Reuters poll of economists, suggesting more policy tightening from the central bank is coming. On June 6, the Reserve Bank of India (RBI) raised the…

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