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Microsoft News
Retail inflation quickens to 2.07% in Aug from 1.55% in July
India’s retail inflation rose to 2.07% in August from 1.55% in July, as base effects faded and food prices picked up. Inflation has stayed below RBI’s 4% target for seven months. RBI projects FY26 inflation at 3.1%, with risks balanced, but expects CPI to reach 4.9% in Q1 FY27, breaching its medium-term target.
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