scorecardresearchIndia's May retail inflation eases to 7.04%; Here's what experts have to say

India's May retail inflation eases to 7.04%; Here's what experts have to say

Updated: 13 Jun 2022, 05:56 PM IST
TL;DR.
Analysts in a Reuters poll had predicted annual inflation of 7.10%, well above the Reserve Bank of India's (RBI) upper tolerance limit.
Mumbai: Reserve Bank of India Governor Shaktikanta Das during the key-note address as part of Central Board of Indirect Taxes and Customs (CBIC) Iconic Week celebrations under 'Azadi Ka Amrit Mahotsav', in Mumbai, Thursday, June 9, 2022. (PTI Photo/Kunal Patil)(PTI06_09_2022_000057A)

Mumbai: Reserve Bank of India Governor Shaktikanta Das during the key-note address as part of Central Board of Indirect Taxes and Customs (CBIC) Iconic Week celebrations under 'Azadi Ka Amrit Mahotsav', in Mumbai, Thursday, June 9, 2022. (PTI Photo/Kunal Patil)(PTI06_09_2022_000057A)