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The Consumer Price Index (Combined) inflation for June 2021 printed lower at 6.26% as compared to the reading of 6.30% in the previous month.      Headline WPI inflation for June 2021 printed at 12.1%, marginally lower than 12.9% recorded in May 2021, due to softening in prices of primary articles and fuel along with a strong favourable statistical base.      IIP growth for May 2021 printed at 29.3% as against the revised reading of 134.6% in April 2021, on a year on year basis.      Real gross domestic product for Q4FY21 noted a year on year growth 1.6%, showing signs of improvement over the previous quarter’s growth of 0.5%.      Gross Value Added (GVA) grew by a strong 3.7% as compared to a growth of 1% in the previous quarter.      In the second bi-monthly monetary policy for FY22, the RBI Monetary Policy Committee unanimously decided to maintain status quo on policy rates and the policy stance. The key policy rates stand unchanged: Repo rate at 4.00%, Reverse Repo rate at 3.35%, Marginal Standing Facility and Bank rate at 4.25%.     
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