Retail inflation climbs to 4.45% in July, driven by soaring food prices
· rediff.com
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.
India's retail inflation climbed to 4.45 per cent in July, driven by a significant rise in food prices, particularly for essential kitchen staples like onions a...