India s retail inflation rose from 5.7 per cent in December 2022 to 6.4 per cent in February 2023 on the back of higher inflation in cereals, milk and fruits and slower deflation in vegetables prices
RBI Governor Shaktikanta Das, while speaking at Kautilya Economic Conclave on Saturday, had exuded confidence that the price situation will gradually improve in the second half of the current fiscal.