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India’s retail inflation hits an 8-year high

India’s retail inflation in April has soared to an eight-year high, driven by rising food and fuel prices. Consumer price-based inflation was 7.79% in April, up from 6.95% in March and 4.43% in April last year. The previous high was 8.33% in May 2014. According to data released by the National Statistical Office, inflation in […]

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