The results show that food inflation in July 2022 decreased from 7.75 percent in June to 6.75 percent.
Digital
Desk: According to government figures released on Friday, retail inflation
decreased to 6.71 percent in July, primarily as a result of moderate increases
in food costs.
Retail
inflation peaked in June at 7.01 percent and peaked in July 2021 at 5.59
percent.
The
results show that food inflation in July 2022 decreased from 7.75 percent in
June to 6.75 percent.
Retail
inflation measured by the Consumer Price Index (CPI) remained over the Reserve
Bank of India's upper tolerance range of 6%, nonetheless. For the previous
seven months, it has remained above the 6% threshold.
Retail
inflation stayed above 7% in the first three months of the current fiscal.
