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    <title>Retail inflation eases to over 6-yr low of 2.1 pc in June on subdued food prices</title>
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    <description>Retail headline inflation fell to 2.1 percent in June driven by declines in vegetables, pulses, meat and fish, cereals, milk and spices and a favourable base effect, while wholesale price inflation turned negative due to deflation in food articles, mineral oils and several manufactured inputs. The disinflationary outcome affects the central bank&#039;s inflation targeting framework and its scope to adjust the short-term lending rate, though a rise in core inflation driven by jewellery moderates the overall signal.</description>
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