• Thursday, March 28, 2024

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India’s Retail Inflation Eases in July

India’s Retail Inflation Eases in July 2018.

By: Radhakrishna N S

India’s central bank, Reserve Bank of India (RBI) is expected to keep interest rates on hold as country’s retail inflation eased in July 2018. In July, country’s consumer prices recorded an upward movement of 4.17 per cent when compared to last year’s 2.36 per cent and a fall when compared to the last month’s figure, 4.92 per cent, according to the data released on Monday (13) by the Central Statistics Office (CSO) which functions under country’s Ministry of Statistics and Programme Implementation. According to market analysts, India’s retail inflation for the month of July eased due to a slight rise…

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