Retail Inflation Surges To 7.79% In April, Highest In 8 Years - NDTV Profit

The elevated inflation pushed RBI to hike its repo rate for the first time in four years, lifting it by 40 basis points (bps) to 4.40 per cent in an off-cycle meeting earlier this month.

In March, the retail inflation stood at 6.95 per cent. New Delhi: India's retail inflation surged to 7.79 per cent in April, largely driven by rising fuel and food prices, government data showed on … [+2061 chars]

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