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This is the fourth instance of the retail inflation rate or the consumer price index (CPI) crossing the upper limit of the 4+/- 2 per cent band of RBI's medium-term inflation target in this calendar year.

Read more about India's industrial output surges 134.4% in April on low-base effect on Business Standard. Manufacturing sector output, which accounts for more than three-fourths of the entire index, registered a growth of nearly 200 per cent