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India's retail inflation hits 3.16%, lowest in nearly six years, due to cheaper food prices.
India's retail inflation dropped to 3.16% in April, the lowest in nearly six years, driven by lower food prices.
The decline may prompt the Reserve Bank of India to cut interest rates further to support economic growth.
Food inflation fell to 1.78%, a significant drop from 2.69% in March.
The RBI projects an inflation rate of 4% for the financial year 2025-26, with potential rate cuts in upcoming policy meetings.
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La inflación minorista de la India alcanza el 3.16%, el nivel más bajo en casi seis años, debido a los precios más baratos de los alimentos.