What's NewSlight pick up in India's retail inflation to 2.86% YoY in March 2019.

India's retail inflation rose to a 5-month high of 2.86% year-on-year (YoY) in March 2019 from 2.6% YoY in the previous month. This is the third consecutive month since price levels have increased. The uptick in the headline retail inflation comes on the back of increase in food inflation led by higher prices of vegetables, eggs, meat and pulses. In the coming months, upward pressure on fuel prices remains due to rising crude oil prices. The food inflation is still very weak though we have started seeing a reversal trend. (April 12, 2019)

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