What's NewFalling food prices push CPI inflation to a new low in June.

CPI inflation in India plunged to a new record low of 1.54% YoY in June from a low of 2.18% YoY in May, owing to a sharp drop in food prices. The retail inflation went below RBI's lower bound of inflation band (2%) for the first time since RBI adopted the inflation targeting approach. (July 12th, 2017)

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