Tag: Retail
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Retail Inflation Hits 3.65% in August Amid Persistent Food Price Surge
India’s retail inflation edged up to 3.65% in August, compared to 3.54% in July, driven primarily by rising food costs. Despite the increase, inflation remained within the Reserve Bank of India’s (RBI) target range of 2-6%, reflecting the central bank’s sustained efforts to keep inflation in check. Food inflation, a persistent concern, surged to 5.66% ...