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    HomeNewsOpinionRetail inflation rebounds in August, sparking fears of another 50 bps rate hike

    Retail inflation rebounds in August, sparking fears of another 50 bps rate hike

    Even though inflation in India is supply-driven, higher food prices are the main drivers of inflationary expectations in India, which is why the Monetary Policy Committee needs to respond forcefully

    Manas Chakravarty
    September 13, 2022 / 09:53 IST
    (Representative image)
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