What US Inflation at 3 Yr Low Means for India
2024 • 3min • News • Business
Informative
Published On: July 16, 2024 - Inflation in the US took a surprising dip, falling by 0.1% month on month in June, beating expectations of a 0.1% rise. On an annual basis, consumer prices rose by just 2.97% which is the smallest increase in over three years. This trend marks the third consecutive month of decline and brings inflation to its slowest pace since 2021. So, what does this mean for India?