New Delhi, Aug 12 (PTI) Retail inflation inched up to 4.45 per cent in July, largely driven by higher food prices, according to government data released on Wednesday. The consumer price index (CPI) based retail inflation was 4.38 per cent in June. Food inflation in July rose to 5.52 per cent from 5.32 per cent […]

India saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are keeping consumer costs elevated. The…

India's inflation rises for the ninth month in a row, raising the odds in favor of a rate hike later this year.

Retail Inflation based on Consumer Price Index (CPI) rose to 4.45 per cent as against 4.38 per cent of June, Statistics Ministry reported on Wednesday.

Retail inflation in India is projected to increase in upcoming months. Food prices are the primary driver, though inflation should stay below six percent. Analysts anticipate the…