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Retail inflation decreases to 5.3% in August

New Delhi: Retail Inflation Based on the Consumer Price Index (CPI) for August fell to 5.3 percent by opposing 5.59 percent in July, the data issued by the government showed on Monday.
The inflation number remains in the comfort zone of the Bank of India (RBI) reserves for the second consecutive month.
In July, the inflation rate had subsided after holding above 6 percent for two consecutive months, assisted by increasing supply after the appointment of pandemic restrictions.
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