No room for repo rate cut even after sharp drop in inflation, economists say

2513 Imported from a malfunctioning feed
edited January 13 in Business and Finance
imageInflation measured by the Consumer Price Index (CPI) eased to 4.59% in December, more than what the market expected, compared with 6.93% in November. Core inflation, which does not factor in food and oil prices softened to 5.2% against 5.4% earlier.
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