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Photo: Mint

Inflation above RBI's 6% target for 5th month

Retail inflation eased marginally to 6.69% in August from 6.73% in July but stayed above the Reserve Bank of India's target

Retail inflation eased marginally to 6.69% in August from 6.73% in July but stayed above the Reserve Bank of India's (RBI) upper-end target of 6% for the fifth straight month, reducing the possibility of a near-term interest rate cut.

Source: Ministry of statistics and programme implementation
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Source: Ministry of statistics and programme implementation
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