India’s inflation seen staying above RBI’s 6% target in February
Consumer prices rose 6.40% last month from a year earlier, according to the median estimate in a Bloomberg survey of economists ahead of data due Monday at 5:30 p.m. local time. That would be slower than 6.52% in January but still above the comfort level of the Reserve Bank of India, which aims to bring inflation closer to the mid-point of its 2%-6% target.
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