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December retail inflation reaches 7.35%

December retail inflation reaches 7.35%

Monday, January 13, 2020, 5:50 PM

India's retail inflation accelerated to 7.35% in December on the back of rising food prices. Growth in oil prices have added to the uptick which presents a new risk to inflation in India. However, core inflation comes in at 3.7 percent, a slight increase from last year. In November, the retail inflation was recorded at 5.54 percent, up from 4.62 percent in October.
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