Section

India's retail inflation slows to 3.5% in July, falls below RBI's target for the first time in 5 years

By Economic Times - 3 months ago
India’s retail inflation fell to 3.54% in July, dipping below the Reserve Bank of India's 4% target for the first time in nearly five years. This decline comes after June’s inflation rate of 5.08%, driven by rising food prices. In July, food inflation slowed to 5.42%, and both rural and urban inflation rates decreased, reflecting an overall easing in price pressures

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.