India’s retail inflation eases to a seven-month low of 3.61% in Feb, thanks to cooling food prices
India’s retail inflation eased to a seven-month low of 3.61% in February, down from 4.31% in January, according to government data released on Wednesday. A Reuters poll had projected inflation to decline to 3.98% for the month. The decline was largely driven by lower food prices, with food inflation—comprising nearly half of the Consumer Price…