InvestorQ : How has been the India inflation story for August?
Juvina Maggie made post

How has been the India inflation story for August?

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Deepa Salunkhe answered.
2 weeks ago
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After falling to 6.71% in July 2022, CPI inflation bounced back to 7% in August 2022. Energy inflation tapered, but food inflation was higher due to weak Kharif output and core inflation also was higher. This makes rate hike a strong possibility when the RBI meets in late September.

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