RTTNews - India's inflation for the week ended May 2 fell to 0.48% from the previous week's 0.70%, official data showed Thursday. Meanwhile, economists had expected the inflation to fall to 0.3%. A year ago, the rate of inflation was 8.73% in the corresponding week.

At the same time, the government revised inflation for the week ended March 7 to 0.89% from 0.44%.

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