India’s March retail inflation eases below RBI’s upper tolerance level

India’s March retail inflation eases below RBI’s upper tolerance level

India’s annual retail inflation for March eased below the central bank‘s upper tolerance level for the first time this year, as food prices softened. Annual retail inflation eased to 5.66% in March from 6.44% in the previous month, government data showed on Wednesday. The Reserve Bank of India targets a range of 2%-6%. A Reuters … Read more