India’s retail inflation likely dipped to 5.4% in September from 6.8% in August largely due to a correction in vegetable prices that had pushed up inflation in the preceding two months, showed a Mint poll of 18 economists.The poll predicts September’s consumer price inflation (CPI) to range between 5.1% and 6.5%, with all but two economists expecting inflation to exceed the upper-tolerance limit of the Reserve Bank of India’s (RBI’s) inflation target.
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