This decline in the Consumer Price Index (CPI) marks the first time in half a decade that CPI inflation has dipped below the Reserve Bank of India's (RBI) target of 4 per cent, a feat largely attributed to a steep fall in vegetable prices
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The year-on-year inflation rate based on all India Consumer Price Index (CPI) numbers is 5.08 per cent (provisional) for the month of June 2024
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