https://www.taxtmi.com/news?id=37128 Retail consumer price inflation eased to 3.61 per cent in February due to declines in vegetables, eggs, meat, pulses and milk, lowering headline and food inflation below the central bank's 4 per cent midpoint target. The softer CPI print widens monetary policy space after a recent repo rate reduction and underpins expectations of another 25 basis points repo rate cut at the upcoming bi monthly monetary policy meeting, with further cuts possible in later meetings. The CPI estimates are based on NSO price collection from selected urban and rural markets. en-us Wed, 12 Mar 2025 18:01:02 +0530 Wed, 12 Mar 2025 18:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37128 Retail consumer price inflation eased to 3.61 per cent in February due to declines in vegetables, eggs, meat, pulses and milk, lowering headline and food inflation below the central bank's 4 per cent midpoint target. The softer CPI print widens monetary policy space after a recent repo rate reduction and underpins expectations of another 25 basis points repo rate cut at the upcoming bi monthly monetary policy meeting, with further cuts possible in later meetings. The CPI estimates are based on NSO price collection from selected urban and rural markets. News - Wed, 12 Mar 2025 18:01:02 +0530 https://www.taxtmi.com/news?id=37128