India's retail inflation eases to 4.17% in July
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India's retail inflation eases to 4.17% in July

By Reuters

  • 13 Aug 2018
India's retail inflation eases to 4.17% in July
Credit: Shah Junaid/VCCircle

India’s retail inflation rate eased to 4.17 percent in July after touching a five-month high of 5.0 percent in the previous month, government data showed on Monday, helped by smaller increases in food prices.

Analysts polled by Reuters had forecast July’s annual increase in the consumer price index at 4.51 percent, compared with June’s 5.00 percent.

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