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India's retail inflation hits 3.34%, lowest in five years, driven by cheaper food prices.
India's retail inflation dropped to 3.34% in March, the lowest in over five years, driven by falling food prices, especially for vegetables, eggs, and pulses.
This decline has led the Reserve Bank of India to consider further rate cuts to boost the economy.
Meanwhile, wholesale inflation also eased to 2.05%, reflecting decreasing prices in primary articles and fuel.
However, ongoing weather conditions and potential food supply issues may affect future inflation rates.
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La inflación minorista de la India alcanza el 3,34%, el nivel más bajo en cinco años, impulsada por los precios más baratos de los alimentos.