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India's plunging inflation rate opens door to monetary easing

Updated : January 15, 2019 06:46 AM IST

Annual retail price inflation last month declined to its lowest level since June 2017, as food prices fell for third straight month, government data showed on Monday.
The outcome was lower than the 2.33 percent recorded in November and broadly in line with a 2.20 percent increase forecast by economists in a Reuters poll.
India's plunging inflation rate opens door to monetary easing
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