Retail Inflation Moves Past 5% in June 2024, High Vegetable Price Inflation Persists
Suhani Adilabadkar With retail inflation coming above 5% in June 2024, it’s easier for RBI to say no. In the last monetary policy committee (MPC) meeting, the Reserve Bank of India with a majority of 4:2 voted in favour of maintaining the status quo. Repo rate was unchanged at 6.5% in May 2024. The […]
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