India’s retail inflation slips below 4% for first time in six months, boosts rate cut hopes

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. Annual retail inflation (INCPIY=ECI) in February eased to 3.61%, below economists’ estimate of 3.98%...

https://www.hellenicshippingnews.com/indias-retail-inflation-slips-below-4-for-first-time-in-six-months-boosts-rate-cut-hopes/