July inflation News
India`s retail inflation rate slowed to 4.17 percent in July on smaller increases in food prices.
Prices of vegetables in India`s retail markets are likely to go up further in the coming months with the peak production season coming to an end, industry chamber Assocham said on Sunday on the basis of a study it has conducted.
Retail inflation shot up to nearly 2 year high of 6.07 per cent in July, well above the RBI's comfortable level, on surge in prices of food items as demand for sugar, oil & fats and spices rose ahead of the festival season.
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