The Consumer Price Index (CPI) on Monday came in at 2.36 percent for the month of July, as against a market estimate of around two percent.
As per the CPI numbers, the food price inflation came in at - 0.29 percent, higher than - 1.17 percent in June amid vegetable prices witnessing sharp spike.
The core inflation, which had fallen continuously for the last four months, stood at 3.9 percent, up from 3.8 percent a month ago.
However, the June CPI inflation rate was revised to 1.46 percent from 1.54 percent earlier.
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