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India's retail inflation rose to a 16-month high of 3.93% in May, driven by rising food and fuel prices. In Odisha, the inflation rate reached 4.54%, with rural areas witnessing a higher impact at 4.83%. Prices of essential items like tomatoes and ginger saw significant increases, while items like potatoes and cumin witnessed a decline. The RBI may consider hiking interest rates in the future if price volatility continues. https://sambad.in/business/retail-inflation-rises-to-393-12032632 #creator program
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