Inflation in India fell to its lowest level in three months, rising by 5.02 percent y-o-y in September. This decrease was influenced by lower vegetable prices.
The data realized in below economists' expectations of a 5.5 percent increase and is still above the Reserve Bank of India's 4 percent target.
Last week, the Reserve Bank of India had decided to keep interest rates unchanged at 6.5 percent.
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