Budget 2023: Consumer inflation bites again
Within the food inflation, vegetable prices fell the most, with the index down 12.7% in December 2022 compared to November 2022.
Within the food inflation, vegetable prices fell the most, with the index down 12.7% in December 2022 compared to November 2022.
Retail inflation remains above the Reserve Bank of India's (RBI) upper tolerance band of 6% for the 10th consecutive month.
Inflation has exceeded RBI's comfort levels, forcing the central bank's hand to hike interest rates in line with its global peers.