MPC's view on inflation: Average inflation rate during January and February stood at 4.8% lower than the projected inflation rate at 5.1% for Q4FY18 in the 6th bi-monthly policy mainly driven by sharp decline in vegetables prices and significant moderation in fuel group inflation. As per the MPC, available data suggests that vegetables prices continued to moderate in March as well and thereby the RBI adjusted inflation forecast downward to 4.5% for Q4FY18. CFPI, which represents 47.2% weight in the index, eased to 3.3% in Feb v/s 4.7% in Jan. Inflation trajectory during H1FY19 is expected to be lower than earlier...