What was India's retail inflation rate in August?
6.83 %
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According to data from the National Statistical Office, retail inflation in India decreased to 6.83 percent in August from 7.44 percent in July as vegetable prices slightly decreased from the prior month. The Consumer Price Index inflation reading for August, 6.83 percent, is 61 basis points lower than the 15-month high of 7.44 percent for July. Despite slowing down, it remained outside the Reserve Bank of India's (RBI) tolerance range.
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