08-12-2022 05:58 PM | Source: Reuters
India's July consumer inflation eases to 6.71% y/y - Government
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NEW DELHI - India's annual retail inflation eased to 6.71% in July, helped by a lower rise in food prices, but remained above the central bank's tolerance band of 2%-6% for the seventh month in a row, government data released on Friday showed.
Analysts in a Reuters poll had predicted annual inflation of 6.78% in July, compared with 7.01% in the previous month.
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