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India’s retail inflation likely to ease: Report | ||||||||
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India’s retail inflation based on the Consumer Price Index (CPI) is expected to ease to 5.5 per cent in November due to a decline in food prices, according to a Morgan Stanley report. "We expect CPI inflation to edge downwards to 5.5 per cent in November from 6.2 per cent in October, aided by a moderation in food prices, even as core ticks up and fuel continues to decline. On a sequential basis, we anticipate the index to decline on the back of contracting food prices and a deceleration in core CPI," the report. | ||||||||
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