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.