India inflation likely edged up in July on higher food prices: Poll


India's retail inflation edged up slightly in July due to higher food prices, remaining firmly above the RBI's medium-term target of 4 per cent for a 10th straight month, a Reuters poll showed.

Food prices, which account for nearly half the inflation basket, have soared since April due to supply-side disruptions caused by a nationwide lockdown imposed to contain the spread of the coronavirus which has infected more than 2 million people and killed over 44,000 in the world's second-most populous country. While the central.....

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