Retail inflation rises marginally to 3.65 per cent in August compared to July
Business | Sep 12, 2024, 06:13 PM ISTnotably, the retail inflation target set by the RBI is 4% with a tolerance band of +/- 2 percentage points, meaning that the target is within the range of 2% to 6%. As per the government data, industrial production grew 4.8 per cent in July against 6.2 per cent expansion a year ago.