Inflation data to be released today: All you need to know

The government is all set to release July inflation data later in the day. Here is all you need to know.

Retail inflation in July is expected to cool down to a three-month low, bringing it back within the Reserve Bank of India’s (RBI) target range of 2-6 per cent. Retail inflation, measured by the consumer price index (CPI), had shot up to 6.30 per cent in May and slightly cooled to 6.26 per cent in June.