India’s consumer price inflation is anticipated to decrease to a five-month low of 4.91% in March, according to economists surveyed by Reuters. Although this figure is still above the Reserve Bank of India’s 4% medium-term target, the easing suggests a positive trend. Food price rises continue to be a concern, as they have consistently outpaced headline inflation, impacting vulnerable households reliant on government food subsidies. The data, set to be released on April 12, is forecasted to range between 4.57% and 5.35%, highlighting the ongoing challenge of managing inflationary pressures in the country.
India’s Consumer Price Inflation Expected to Dip to 4.91% in March: Reuters Poll
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