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According to economic survey retail inflation to be below 5% in FY17

According to economic survey retail inflation to be below 5% in FY17

Tuesday, January 31, 2017, 6:43 PM

According to economic survey for 2016-2017, retail inflation is likely to be well below the Reserve Bank of India’s target of 5% in the current fiscal as demonetisation would discourage any price headwind. Decline in pulses prices has contributed substantially to decline in CPI inflation which reached 3.4% at end of December.
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