India's Retail Inflation Rises To 15-Month High Of 7.44% In July: Govt Data
Monday, 14 August 2023 Previously, high inflation was recorded at 7.79 per cent in April 2022. The inflation in the food basket was 11.51 per cent in July compared to 4.55 per cent in June and 6.69 per cent in July 2022, as per the data.
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 bank’s 6% tolerance threshold.
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Official data released on Monday showed that the Consumer Price Index (CPI) based inflation surged to 7.44 per cent in July, much higher than 4.87 per cent in... DNA
India's retail inflation in July jumped to 7.44 per cent from 4.87 per cent in June, government data showed on Monday.The inflation, based on Consumer Price... IndiaTimes
India's retail inflation climbed at its highest pace in 15 months in July due to a surge in food prices as supply-related issues persisted. According to the... IndiaTimes
Monday, 14 August 2023
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