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Non-food inflation remains sticky, elevated: RBI's MPC minutes

Updated : December 19, 2018 11:24 PM IST

This was despite fall in oil prices and acceleration in investment activity, as per the minutes of RBI's latest Monetary Policy Committee (MPC) meeting released on Wednesday.
The MPC noted that the benign outlook for headline inflation is driven mainly by unexpected softening of food inflation and collapse in oil prices in a relatively short period of time.
Non-food inflation remains sticky, elevated: RBI's MPC minutes

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