Retail inflation stays unchanged at 7.01% in June, RBI policy a quarter away from failure - Moneycontrol

The latest number means headline retail inflation has now spent 33 consecutive months above the medium-term target of 4 percent and six straight months above the 6 percent upper-bound of the 2-6 percent tolerance range.

India's headline retail inflation rate, as measured by the Consumer Price Index (CPI), stayed largely unchanged at a high of 7.01 percent in June as against 7.04 percent in May. The latest inflation… [+3873 chars]

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