India's July retail inflation accelerated to 4.45% due to higher food prices, up from 4.38% a month ago, a pace unlikely to alter the Reserve Bank of India's rate outlook.
The July inflation figure was largely in line with economists' expectations and marked the second consecutive month that inflation breached the RBI's 4% medium-term target. Food inflation climbed to 5.52% in July from 5.32% in June, driven by weak monsoon showers. Despite this, economists anticipate limited pass-through to consumers due to the absence of significant revisions in domestic retail fuel prices, even as transport inflation accelerated to 4.43% in July from 4.31% in June.
Source:Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
TAC Traceability Chain: How Blockchain Technology Empowers Product Traceability and Anti-Counterfeiting
-
2
USDT Trading Platforms and Applications: A Comparison of Global Mainstream Choices
-
3
South Korea's KOSPI index rose 5%, with Samsung Electronics and SK Hynix both up over 8%, boosted by strong earnings reports from AI tech stocks.
-
4
US Democratic leader Chuck Schumer demanded a full explanation of a secret operation to extract Donald Trump from Turkey, which aimed to protect Donald Trump from an alleged Iranian assassination threat
-
5
<h2>Unpacking the Deep-Seated Reasons Behind China's Comprehensive Ban on Bitcoin and Cryptocurrencies</h2>
-
6
Gold rose 1.8% intraday, now trading at $4,461.90.
-
7
What is BOO Coin? An Analysis of SpookySwap and Other Tokens with the Same Name
-
8
Super Micro's earnings report brings more good news, and its stock is climbing
-
9
AfroX (AFROX) Token In-depth Analysis: Project Status and Potential Risks
-
10
Coinbase status page shows SUI Network experiencing send/receive delays
Markets Today
Recommended Reading







