What's NewCPI inflation eased to a 4-month low of 4.4% YoY

In Feb'18, the retail inflation slowed to a 4-month low of 4.4% year-on year (YoY). The favorable base effect and temporary softening of food inflation accounted for the decline in the headline inflation. However, the core inflation remained sticky around more than 5% YoY. The slowdown in inflation will provide some room to the RBI to hold rates in Apr'18 policy meet. (March 13, 2018)

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