Expect retail inflation to remain close to 5%: SBI Research report

New Delhi [India], July 14 (ANI): Retail inflation, or the Consumer Price Index (CPI) in India, is expected to remain below or close to 5.0 percent in the remaining months of 2024-25, except for September, according to SBI Research.

India's retail inflation rate increased in June, deviating from the moderation seen in previous months, driven by rising food prices.

The year-on-year inflation rate based on the all-India Con