India's July retail inflation rises to 4.45%, above RBI target

Inflation is when the prices of things we buy go up.

In July, prices in India went up a little faster than they did in June.

The inflation rate was 4.45 percent.

The Reserve Bank of India, which is like the country's money coach, wants prices to rise by about 4 percent each year.

Prices have stayed above that goal for two months in a row.

Food prices, like ginger, garlic, and onions, went up the most.

Prices rose more in villages than in cities.

Renting a home also got slightly more expensive.

An economist who studies prices thinks inflation will stay high because of food, but it probably will not get out of control.

So the central bank may wait before changing its policy.