It was at 5.43 per cent last month and 5.84 per cent in July 2013.
The Reserve Bank in its monetary policy review last week had cautioned that continued uncertainty over monsoon could stoke food inflation, but expressed the hope that government policies will improve supplies in the coming months.
Retail inflation ( CPI ) data for July, released earlier this week, showed a marginal inch up to 7.96 per cent.
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