What was the retail inflation rate in India in February 2023, according to the most recent MoSPI data?.
6.44%.
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2.5/5 |
India's retail inflation was 6.44 percent in February 2023, down from a three-month high of 6.52 percent in January. According to information made public by the Ministry of Statistics and Program Implementation (MoSPI), this was the case. However, for the second consecutive month, the inflation print was above the Reserve Bank of India's (RBI) upper tolerance level of 6%.
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