![India’s retail inflation rate in July decreased to 3.54%, almost a five-year low.](https://market-tracker.in/wp-content/uploads/2023/04/food-inflation-express-photo-1200.jpg)
India’s retail inflation rate in July decreased to 3.54%, almost a five-year low.
As food prices decreased in July, India’s retail inflation rate fell to 3.54%, nearly five years below its previous peak, according to government statistics released on Monday. This reduction comes after an inflation rate of 5.08% in June, which was the lowest since August 2019. The Reserve Bank of India’s 4% goal inflation rate was…