Retail inflation hits record low
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YouTubeThe Hindu
Retail inflation hits record low
Retail inflation slipped to a multi-year low of just 0.25% in October. That’s a big drop from 1.44% in September and 6.21% a year ago. According to the National Statistics Office, food inflation fell sharply to -5.02% in Oct. The government says it’s due to the GST rate cut, a favourable base effect, and cheaper food and transport costs ...
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