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Finance ministry sees FY16 inflation at 5.5 per cent or lower

India's consumer inflation will drop to between 5 and 5.5 per cent in 2015/16, opening up space for more monetary easing, the Economic Surveyhas said.

Finance ministry sees FY16 inflation at 5.5% or lower

(Photo: Reuters)

India's consumer inflation will drop to between 5 and 5.5 per cent in 2015/16, opening up space for more monetary easing, the Economic Survey said on Friday.

Finance Minister Arun Jaitley will present the Narendra Modi government's first full Budget on Saturday.

FULL COVERAGE:Economic Survey 2014-15

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