The inflation in the food basket was 11.51 per cent in July compared to 4.55 per cent in June and 6.69 per cent in July 2022, as per the data. (Representative image) The Consumer Price Index (CPI) based inflation was at 4.87 in June and 6.71 per cent in July 2022. India’s retail inflation eased…
RBI Governor Shaktikanta Das. (File photo) The headline inflation came down to 4.3 per cent in May but has since been rising, and also breached the upper tolerance level of 6 per cent in July Reserve Bank of India’s Governor Shaktikanta Das on Wednesday said the frequent food price spikes pose a risk to anchoring…
Published By: Business Desk Last Updated: August 17, 2023, 11:22 IST Urban poor have been the most impacted by 15-month high consumer price inflation (CPI) in July, a domestic rating agency’s arm said on Wednesday. The high-income segment in urban areas faced the lowest inflation burden, as food has a relatively low share in their…