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India CPI rises more than estimated in February

Mr Rajan cited slowing inflation and weakness in India's economy when he cut the benchmark repurchase rate on March 4

New Delhi

INDIA'S retail inflation accelerated more than economists estimated and factory output rose, complicating central bank governor Raghuram Rajan's next move after an unscheduled interest-rate cut last week.

Consumer prices rose 5.37 per cent in February from a year earlier