India’s retail CPI rises strongly by 4.38% in June, beats 4.3% estimates
India’s retail Consumer Price Index (CPI) rises at an annualized pace of 4.38% in June, stronger than 4.3% estimates and the previous reading of 3.93%.
Market reaction
No strong reaction is seen in the Indian Rupee (INR) following the release of the India's CPI data. At press time, USD/INR trades higher at around 95.60.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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