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India's June Inflation Exceeds RBI Target Amid Rising Fuel Prices

India's June inflation reached 4.4%, surpassing the Reserve Bank of India's target for the first time in 17 months. The increase is attributed to rising fuel prices and the West Asia war, with the CPI numbers fully reflecting recent hikes in petrol and diesel retail prices.

14 Jul, 01:25 — 14 Jul, 01:25
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hindustan-timesMostly Factual10d ago

June inflation reaches 4.4%, exceeding RBI target first time in 17 months amid rising fuel prices, West Asia war

The June CPI numbers are the first to record the complete extent of the hike in retail prices of petrol and diesel.

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