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Retail inflation slows to 6 83% in August but stays above RBI s tolerance band | Business News
This is the fourth instance of the retail inflation rate or the consumer price index (CPI) crossing the upper limit of the 4+/- 2 per cent band of RBI's medium-term inflation target in this calendar year.
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Retail Inflation Cools To 6 83% In August
The Consumer Price Index (CPI) based inflation was at 4.87 in June and 6.71 per cent in July 2022.
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