India's July CPI inflation jumps to 4.45% on rising food prices

India's July CPI inflation rises to 4.45% as food prices accelerate. The print is up from 3.94% in June, driven by a sharp rise in food inflation to 6.11%. This exceeds the RBI's upper tolerance band of 6%, increasing pressure for further rate hikes. Persistent inflation could impact future monetary policy decisions and bond yields.

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