Inflation data to be released today: All you need to know

Retail inflation in July is expected to cool down to a three-month low, bringing it back within the Reserve Bank of India’s (RBI) target range of 2-6 per cent. Retail inflation, measured by the consumer price index (CPI), had shot up to 6.30 per cent in May and slightly cooled to 6.26 per cent in June. Retail…