Things got costlier in June. Data released by the ...
moreThings got costlier in June. Data released by the Ministry of Statistics put retail inflation at 4.81%.
This is a spike of .49% from 4.25% in May which was a 25-month low. Despite the spike, retail inflation is within RBI’s tolerance range.
For the last 4 months, RBI has successfully kept inflation between its preferred 2-6% range.
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