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Inflation rate has remained above RBI’s Upper tolerance level of 6% for the Fifth consecutive month reaching the height of overall Inflation rate at 7.04% (Combined Rural and Urban) based on CPI and Inflation rate at 7.97% for Food & Beverages ( Combined Rural and Urban ) Based on Consumer Food Price Index (CFPI).
To have a broad understanding about the situation of Inflation rate during the month of May 2022, please read the news published by MOSPI.
