Retail inflation easing, food prices remain a concern: RBI - Qoneqt
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    Abhishek Yadav in India

    20 Jun 04:43 AM


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    Retail inflation easing, food prices remain a concern: RBI

    Retail inflation in India is easing, but volatile food prices could reverse the trend. RBI highlights impact of heatwaves on food prices and the need to monitor weather shocks. Despite a 12-month low in May, vegetable and pulses prices remain high. RBI maintains policy rate at 6.5% to align inflation with its 4% target.