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CPI Inflation Falls To Four-Month Low In July

Retail inflation eased for the third straight month, led by a decline in prices of food items.The Consumer Price Index inflation fell to 6.71% in July from 7.01% in June, according to data released by the Ministry of Statistics and Programme Implementation on Friday.Inflation in food and beverages eased to 6.71% from 7.56% in June 2022. A Bloomberg poll of 38 economists had estimated inflation at 6.75%.Despite the decline, July marks…

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