retail-inflation-touches-693-in-july-on-higher-food-prices Photo

Retail inflation rose to 6.93% in July, mainly on account of higher prices of food items, government data showed on August 13, 2020. File   | Photo Credit: Emmanual Yogini

It is for the second consecutive month that the retail inflation has been above the RBI’s comfort level. The government has mandated the central bank to restrict the inflation at 4% (+, - 2%).

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