India's retail inflation surges to 15-month high of 7.44%, breaches RBI's tolerance level |World DNA
India's retail inflation surges to 15-month high of 7.44%, breaches RBI's tolerance level |World DNA
In July, retail inflation in India experienced a significant upswing, reaching 7.44%, marking the highest rate since April 2022.
This surge contrasts with the preceding four-month period of inflation below the central bankβs 6% tolerance threshold.