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The new tariff exemptions are backdated, so they technically took effect on Thursday, according to the order published by the White House.
Kerala inflation is currently the highest in India, maintaining the top spot for the tenth consecutive month with a rate of 8.56% in October.
The high rate is attributed to the state's consumer-driven economy
The CPI-based inflation was 2.1% in June and 3.6% in July 2024.
The central bank has lowered its inflation projection to 3.1% for the current fiscal year.
Kerala inflation remains high in June, contrasting with the nationwide decline in India.
Despite the year-on-year growth, Kerala's net GST revenue in the last two months declined by 10 per cent
The sharp spike in Kerala’s CPI was driven largely by food inflation.
Kerala recorded the highest inflation in the country with 6.59 per cent in March.
Wholesale price inflation declined to a six-month low of 2.05 per cent in March.
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