💨 Abstract

Retail inflation in India dropped to 3.61% in February, down from 4.26% in January, due to a decrease in prices of vegetables, protein-rich items, and other food products. This decline may prompt the Reserve Bank of India to reduce interest rates further next month. The central bank is expected to announce its next monetary policy on April 9.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖