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India's August Inflation Remains Below Central Bank's Target

India's August Inflation Remains Below Central Bank's Target
9 months ago

In August 2024, inflation levels in India show a positive trend, staying below the central bank's target of 4%. According to official data, inflation stood at 3.99%, which is 0.8% lower than in July, where it was recorded at 4.8%. The decline in inflation is linked to decreasing food prices, indicating stability in the food sector and successful measures to control prices.

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