‘Stabilising core inflation shows ease in price pressures across economy’: RBI

Retail inflation, which eased in August, is expected to decline sharply in September driven by corrections in vegetable prices, the Reserve Bank of India (RBI) said on Monday.
In August, consumer price index (CPI) inflation eased to 6.83 per cent from a 15-month high of 7.44 per cent in July 2023. This moderation was on account of reversal in the prices of vegetables.
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