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RBI likely to hike rates again in August on rise in inflation: Analysts

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(G.N.S) Dt. 13 Mumbai Headline inflation surging to a four-month high of 4.87 per cent in May is likely to force the Reserve Bank of India (RBI) to hike rates once again at its August monetary policy review, analysts said. Official data released yesterday said retail inflation jumped to a four-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals, coupled with

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