India Inflation Breaches RBI Target in July as Food Costs Jump

Retail inflation in July breached the Reserve Bank of India’s tolerance level for the first time in five months due to surging food costs, reinforcing the central bank’s concern over uneven monsoon rains affecting crop production. #press

https://www.bloomberg.com/news/articles/2023-08-14/india-inflation-breaches-rbi-target-in-july-as-food-costs-jump?utm_source=press.coop

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