The country’s retail inflation, measured by the Consumer Price Index (CPI), decreased to 3.54 per cent in the month of July 2024 as compared to 5.08 per cent in June 2024. Rural inflation stood at 4.10 per cent while urban inflation stood at 2.98 per cent in July 2024. The consumer food price index (CFPI) decreased to 5.42 per cent in July from 9.36 per cent in June.