Retail inflation eases moderately to 6.44%, stays above RBI’s comfort zone – Times of India


NEW DELHI: India’s retail inflation based on consumer price index (CPI) eased marginally to 6.44% in February, down from 6.52% in January.
However, the inflation is still above the Reserve Bank of India’s (RBI) comfort zone of 6% for the second month in a row, data released by the government showed on Monday.

Retail inflation had accelerated to a three-month high in January on the back of rising prices of cereals, eggs, meat, fish and milk, and reversed the easing trend to pose a fresh challenge for policymakers.

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