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Ministry of Statistics & Programme Implementation (MoSP)

India's retail inflation softens and align with RBI's 4 percent target

India's retail inflation softens and align with RBI's 4 percent target

Tue, Aug 13, 2024

In July 2024, India's retail inflation fell sharply to 3.54%, the lowest in nearly five years, after rising to 5.08% in June. Despite persistent food price pressures, recent data shows inflation aligning with the RBI's target, signaling a significant easing. 

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