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India's retail inflation hits six-year low of 2.1%, driven by falling food prices.
India's retail inflation fell to a six-year low of 2.1% in June, driven by a significant drop in food prices, including vegetables, pulses, meat, and spices.
The Consumer Price Index (CPI) indicated a deflation of -1.06% in food prices, providing potential relief to consumers.
The Reserve Bank of India (RBI) has revised its inflation forecast for 2025-26 to 3.7%, down from 4%, allowing room for a more lenient monetary policy and potential interest rate cuts to boost economic growth.
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La inflación minorista de la India alcanza un mínimo en seis años de 2.1%, impulsada por la caída de los precios de los alimentos.