India’s retail inflation drops to 25 month low
India’s retail inflation dropped to a 25-month low of 4.25% in May, from 5.00% in April, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on June 10. The decline in inflation was driven by a fall in food prices, which fell to 1.98% in May from 2.87% in April. The … Read more