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Retail inflation eases to 6.71% in July as against 7.01% in June


NEW DELHI: of India retail inflation based on the consumer price index (CPI) fell to 6.71% in July, government data released on Friday.
RBI mainly affects retail inflation while applying bimonthly policy.
The Reserve Bank’s Monetary Policy Committee (MPC) has been tasked by the government with curbing retail inflation based on the consumer price index (CPI) at 4% (+, – 2%).





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