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flag India's retail inflation hits 3.34%, lowest in five years, driven by cheaper food prices.

flag 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. flag This decline has led the Reserve Bank of India to consider further rate cuts to boost the economy. flag Meanwhile, wholesale inflation also eased to 2.05%, reflecting decreasing prices in primary articles and fuel. flag However, ongoing weather conditions and potential food supply issues may affect future inflation rates.

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