Inflation slows to 18-month low

Inflation slows to 18-month low
Retail inflation moderated to an 18-month low in April on the back of a favourable base effect and softening in some food prices, bringing much-needed relief from stubborn price pressures, but industrial output growth slowed to a 5-month low in March as manufacturing growth eased and the electricity segment contracted.

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May 13, 2023 at 05:41AM
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