Retail inflation rate fell to 3.16% in April; Know how many years' record was broken

There is some relief news on the inflation front. Retail inflation rate has fallen to a 70-month low. It was recorded at 3.16% in April. Experts say that due to the low inflation rate, there is almost a 100 percent possibility that the RBI will cut the repo rate in the upcoming meeting of the Monetary Policy Committee.

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