<h1>India's Retail Inflation Falls to 3.61% in February, Easing Pressure on RBI for Interest Rate Cuts</h1> Retail inflation in India decreased to 3.61% in February, primarily due to lower price increases in vegetables and protein-rich items, according to government data. This decline from 4.26% in January and 5.09% in February 2024 provides the Reserve Bank of India (RBI) with the opportunity for a potential interest rate cut next month. The National Statistics Office reported a significant drop in food inflation, marking the lowest level since May 2023. The RBI, tasked with maintaining retail inflation around 4%, had already reduced the repo rate by 25 basis points last month and will announce its next monetary policy update on April 9.