Retail inflation breaches Reserve Bank’s ceiling

Chennai, Nov 13: India’s retail inflation climbed to 6.09 per cent in October, crossing the Reserve Bank of India’s upper tolerance threshold of 6 per cent for the first time in two years. The sharp increase has strengthened expectations among economists that the central bank could raise interest rates again at its December policy review. [...] The post Retail inflation breaches Reserve Bank’s ceiling appeared first on News Today | First with the news.

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