Tag Archives: consumer price index of july 2023

Inflation Jumps to 7.44% in July, Posing Challenges for Monetary Policy

consumer price index

DAINIK NATION BUREAU : India’s retail inflation rate has surged to 7.44% in July, marking the first breach of the Reserve Bank of India’s (RBI) tolerance limit in five months. This unexpected increase in inflation raises concerns about its impact on the economy, consumers, and policymakers. The rising cost of essential goods and services could potentially affect household budgets and ...

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