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The Times of India
The Times of India
Business
Sunainaa Chadha | TIMESOFINDIA.COM

More financial burden for the common man: Amid rising food prices, expect another rate hike by December

NEW DELHI: The Reserve Bank of India (RBI) may be forced to raise repo rate yet again in December with retail inflation rising to 5-month high of 7.41% in September, mainly on account of rising food prices.

India's retail inflation stood at 7% in August.

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