Retail inflation eases to 7.8 percent in August

Retail inflation eases to 7.8 percent in August

BureauUpdated: Saturday, June 01, 2019, 08:41 AM IST
article-image

New Delhi: India’s retail inflation based on Consumer Price Index (CPI) slowed down to 7.8 percent in August from 7.96 percent in the previous month, helped by slower increases in fuel, light and clothes prices, government data showed here Friday.

The CPI urban inflation stood at 7.04 percent in August, while CPI rural inflation was at 8.35 percent.

Retail food inflation rose to 9.42 percent in August compared to 9.36 percent in July.

For rural areas, retail food inflation was recorded at 9.83 percent, while for urban areas it stood at 8.40 percent, according to data released by the Central Statistics Office (CSO).

RECENT STORIES

HSBC Upgrades India To 'Overweight', Retains Sensex Target Of 94,000 For 2026 Amid Strong Growth...

HSBC Upgrades India To 'Overweight', Retains Sensex Target Of 94,000 For 2026 Amid Strong Growth...

NSE Warns Investors Against 5 Individuals Running Unauthorised Stock Tip Channels, Flags Illegal...

NSE Warns Investors Against 5 Individuals Running Unauthorised Stock Tip Channels, Flags Illegal...

Rupee Slumps 39 Paise To Close At All-Time Low Of 90.33 Against US Dollar

Rupee Slumps 39 Paise To Close At All-Time Low Of 90.33 Against US Dollar

Aadhaar OTP Boosts Tatkal Booking Fairness In 322 Trains, Railways Deactivates 3.02 Cr Fake User IDs...

Aadhaar OTP Boosts Tatkal Booking Fairness In 322 Trains, Railways Deactivates 3.02 Cr Fake User IDs...

Sensex Jumps 426 Points & Nifty Reclaims 25,900, Market Stages Strong Comeback After Sharp Fall;...

Sensex Jumps 426 Points & Nifty Reclaims 25,900, Market Stages Strong Comeback After Sharp Fall;...