Retail inflation in India is easing, but volatile food prices could reverse the trend. RBI highlights impact of heatwaves on food prices and the need to monitor weather shocks. Despite a 12-month low in May, vegetable and pulses prices remain high. RBI maintains policy rate at 6.5% to align inflation with its 4% target.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WHjBrqD
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