June CPI inflation comes in at 7.01%, RBI one 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), was largely unchanged at 7.01 percent in June from 7.04 percent in May, data released on July 12 by the Ministry… [+3831 chars]

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