Retail inflation rose to a 65-month high in December on the back of soaring vegetable prices as food inflation hit an over 6-year high, prompting economists to predict that the RBI will continue with its pause on interest rates. Date by NSO showed retail inflation rose to an over 5 year-high of 7.4% in December, higher than the previous month’s 5.5%.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/30iCfI9
Food prices drive retail inflation to 5.5-year high
![Food prices drive retail inflation to 5.5-year high]()
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January 13, 2020
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