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India Inflation Eases To 15-Month Low; Industrial Production Growth Improves

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

India's consumer price inflation eased more-than-expected in March to its lowest level in fifteen months amid a slowdown in food prices to be back within the Reserve Bank Of India's target range, while industrial production growth improved slightly in February, data from the National Statistical Office showed on Wednesday.

The consumer price index climbed 5.66 percent year-over-year in March, which was slower than the 6.44 percent rise in February. Economists had forecast the rate to drop to 5.80 percent.

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