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India’s Retail Inflation Drops To 5-Year Low Of 3.54% In July, Dips Below RBI’s 4% Target
Urban food inflation fell sharply to 4.63% in July 2024, compared to 12.37% in July 2023. Similarly, rural food inflation decreased to 5.89% from 11.04% over the same period.
India’s CPI Inflation Drops Below RBI’s Tolerance Limit for First Time in 14 Months
RBI's Inflation Targeting Pays Off as CPI Inflation Slips Below Upper Limit
Inflation Plunges Below Tolerance Band Of 6%
Retail inflation as measured by the Consumer Price Index (CPI) decreased to 5.66%, the lowest in 15 months.
