Retail inflation slows to its lowest level ever in the month of May. Consumer price index (CPI) drops to just over 2 percent as food prices contract over 1 percent and vegetable prices shrink over 13 percent. Industrial output picks up pace in April to clock a 3.1 percent growth rate. In an interview to CNBC-TV18, A Prasanna, Chief Economist at I-Sec PD shared his views and readings of the inflation data.
first published: Jun 13, 2017 09:18 am
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