
India’s Retail Inflation Drops to 3.61% in February – Seven-Month Low
India’s retail inflation saw a significant drop in February, reaching a seven-month low of 3.61%. This marks a notable decline from January’s 4.31%, providing relief to consumers and policymakers alike. The primary driver behind this decrease was the reduction in food inflation, particularly vegetable prices. With inflation now well within the Reserve Bank of India’s…