Retail inflation slowed in August to stand at 6.83% from a year ago but continued to be above the Reserve Bank of India’s target of 4% (+/-2), official data released on September 12 showed. Vegetable prices, still high, rose 26.1% against a staggering 37.34% rise in July, while prices of oils and fats declined by 15.3% after dropping by 16.8% in the previous month.
Tags Food inflation, RBI, vegetable
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