Retail inflation moderates to 5 month low of 6.7% in July

Data released by the National Statistical Office (NSO) on Friday showed retail inflation, as measured by the consumer price index (CPI), rose an annual 6.7% in July, lower than the 7% in June. The food price index eased to 6.6% during the month from 7.6% in June as supplies improved and measures undertaken by the Centre and the RBI fed through the system.

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