India Inflation Accelerates to 4.38% in June, Exceeding RBI Target for First Time in 18 Months
businessmacroeconomicsworldindia 2 posts · 2 accounts
India’s inflation accelerated to 4.38% in June, pushing the rate above the Reserve Bank of India’s target band and exceeding forecasts.
The reading marks the first time the measure has risen above the target range in nearly 18 months.
From the sources (2 posts)
@cnbcIndia's inflation accelerates to 4.38% in June, exceeding forecasts
@businessIndia’s inflation accelerated last month, rising above the Reserve Bank of India’s target for the first time in nearly a year and a half