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Retail Inflation Rises To 8-Month High Of 4.82% In August On Higher Food Prices

Retail Inflation Rises To 8-Month High Of 4.82% In August On Higher Food Prices
Photo: Free Press Journal · view original

India’s retail inflation increased to an eight-month high in August as rising food prices continued to strain household budgets. Consumer Price Index (CPI)-based inflation rose to 4.82% from 4.45% in July, keeping headline inflation above the Reserve Bank of India’s medium-term target of 4%. The...

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