Inflation is Expected to Fall to 5.50% in September Due to Lower Food Costs, According to a Survey

According to a Reuters poll, retail inflation in India may have fallen to 5.50 percent in the previous month, falling below the Reserve Bank of India’s (RBI) acceptable range.

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This is most likely due to a slowing in the growth of food prices and government subsidies to offset the rise in crude oil expenses, according to the report.

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Reuters conducted a poll of 66 economists from 3-9 October and found that the majority expect inflation to fall

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