India's consumer price index (CPI)-based retail inflation rate is likely to have cooled further in June, thus remaining below the 4 per cent target of the Reserve Bank of India (RBI) for a fifth consecutive month, giving the central bank wiggle room to focus on growth.
Economists reckon that the decline is on account of easing prices in various categories of goods, especially food items, and a favourable base effect.
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on Fri, 11 Jul 2025 02:08:03 +0530
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Tags: June retail inflation likely to have cooled further on food prices