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India's retail inflation is expected to have risen to 2.1% in August from July's eight-year low of 1.55%, ending a nine-month decline. Higher food and gold prices drove the uptick, though CPI remains well below the RBI's 4% target. Core inflation is estimated at 4.2%. Economists say fading base effects mean inflation may trend higher into year-end.
short by / 04:40 pm on 11 Sep
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