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India's inflation is higher than other key developing economies

India s prices are rising faster than many of its emerging market peers.

The country s inflation print for May at 4.25 per cent is a marked reduction from the levels seen in May 2022 (7.04 per cent).

However, even though the inflation rate remains within the Reserve Bank of India s medium-term target of 4 per cent, with a 2 per cent margin on either side, it continues to be higher than China, Russia, and Brazil. ....

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