14
Jul
India's retail inflation fell to 2.10% in June, the lowest year-on-year rise in consumer prices since January 2019, according to official data on Monday. Core inflation, measured by the all-India Consumer Price Index (CPI), recorded a sharp fall of 72 basis points from May's 2.82%. This fall marks the longest period in nearly six years when inflation has remained below the Reserve Bank of India's medium-term target of 4%. The central bank has not allowed inflation to rise below 2% or above 6% for three consecutive quarters. Food inflation has slipped into negative territory, with the Consumer Food Price Index…
