💨 Abstract

Retail inflation in India fell to a seven-month low of 3.61% in February due to a decline in food prices, below the Reserve Bank's target of 4%. Simultaneously, the manufacturing sector's factory output index rose to 5% in January. The decline in inflation may lead to another interest rate cut by the Reserve Bank of India in April.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖