Question
What was India's retail inflation rate in December, as
per the latest data?Solution
India's retail inflation in December was 5.22%, marking a four-month low. This was a decline from 5.5% in November, with food inflation falling from 9.04% to 8.4%. Rural inflation stood at 5.8%, and urban inflation was slightly lower at 4.6%.
Has been elevated as Managing Director and CEO of Indian Overseas Bank with effect from January 1, 2023
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