Consumer Inflation Eases To 3.15% In July

Consumer inflation eased to 3.15 per cent in July from 3.18 per cent in the previous month, government data showed on Tuesday. That meant that retail inflation - the rate of increase in consumer prices determined by the Consumer Price Index (CPI) - came in below the Reserve Bank of India's medium-term target of 4 per cent for the twelfth month in a row. Consumer inflation last month was lower than economists' estimates. Thirty econom...