
Retail inflation dips to 7-month low of 3.61 pc in Feb on lower food prices
New Delhi, Mar 12 (UNI) Driven by lower food prices, India’s retail inflation fell to a seven-month low of 3.61% in February this year from 4.26% in the previous month. The decline in retail inflation has raised hopes of a further cut in repo rate by the Reserve Bank of India (RBI) in the upcoming…