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    <title>GST rate rationalisation boosts consumption; economy to maintain growth momentum: FinMin report</title>
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    <description>The GST rate rationalisation-cutting rates on roughly 375 items and consolidating slabs into mainly 5% and 18%-has reduced prices of daily-use goods and measurably boosted consumption, contributing to a decline in retail inflation to 0.25% in October; the report links higher high frequency demand indicators to this policy, while noting that the full impact on spending will emerge over the next two quarters.</description>
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