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India Retail Inflation Inches Up in June as Core Inflation Without Precious Metals Stays Low
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India's retail inflation rose to 4.38% in June 2026, surpassing the RBI's 4.0% target for the first time since early 2025. The increase was driven by supply-side hikes in food and share market prices.
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India Retail Inflation Inches Up in June as Core Inflation Without Precious Metals Stays Low
India's retail inflation rose to 4.38% in June 2026, surpassing the RBI's 4.0% target for the first time since early 2025. The increase was driven by supply-side hikes in food and share market prices. The core inflation without precious metals stayed low, indicating that the economy is still recovering from the pandemic. The RBI is expected to keep interest rates unchanged in the upcoming policy meeting, given the low core inflation.
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