Inflation Slips Below 5%

(20 second reading) Retail inflation eased to a 10-month low of 4.85% in March while industrial output hit a four-month high of 5.7% in February, data released Friday showed.
With inflation maintaining its downward trajectory, the print — which was below 5% for the first time in five months — moved closer to the Reserve Bank of India’s target level of 4%.

Experts said the central bank is not likely to cut rates in a hurry and will possibly watch for the June-September monsoon