Watch Out for Inflation Burns
Aug 22, 2020
2 minutes
By M.G. Arun
Inflation, as measured by the consumer price index (CPI or the weighted average of prices of a basket of consumer goods and services), stood at 6.9 per cent in July, breaching the upper band of the Reserve Bank of India’s (RBI’s) inflation target for the fourth consecutive month. Inflation has been above the RBI’s prescribed target of 4 per cent (plus or minus 2 per
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