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Inflation has increased  for the first time in 7 months

Inflation has increased for the first time in 7 months

Friday, March 10, 2017, 9:39 AM

Inflation has increased for the first time in 7 months in February, as rising food prices begin to bite. It's still below the central bank's medium-term target, a Reuter’s poll found. Prime Minister Narendra Modi's demonetization in November, hurt demand in the largely cash-driven economy and consumer price inflation has since been below the RBI's 4% target.
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