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Retail inflation prints at 6.71% in July, declining for the third straight month

14 Aug '22

The drop in inflation in July is primarily attributed to easing global commodity prices given the looming recession fears. The international crude oil prices are down about 9% this month and below 100 dollars a barrel, hitting pre-Ukraine crisis lows. The fuel tax cut announced by the government has contributed to lower fuel price-based inflation. Restrictions on wheat exports and lower import duties have contributed to easing the pressure on food items.

Trade Balance

Also referred to as commercial balance or net exports, is the difference between the monetary value of a nation's exports and imports over a certain time period.


Imports are foreign goods and services bought by citizens, businesses, and the government of another country.


An export in international trade is a good or service produced in one country that is sold into another country.

Wholesale Inflation

It measures the changes in the wholesale price of basket of 697 goods. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy.

Karnataka Assembly

Data on the Legislative Assembly of Karnataka.

Lok Sabha

A statistical profile of Lok Sabha - overall performance, states' representation and MPs' education, financial, and criminal profile.

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