August retail inflation rises to 3.21 pc due to higher food prices

ANI
12 Sep 2019, 18:49 GMT+10

New Delhi [India], Sep 12 (ANI): Retail inflation rose marginally to 3.21 per cent in August from 3.15 per cent last month on the back of higher food prices, the government data showed on Thursday.

August's Consumer Price Index (CPI) food price inflation stood at 2.99 per cent as compared to 2.36 per cent month-on-month, said a statement issued by the Ministry of Statistics and Programme Implementation.

This is the 13th straight month where inflation has remained below the Reserve Bank of India's (RBI) medium-term target of 4 per cent.

In August last year, however, the consumer price index stood at 3.69 per cent.

Food prices accounting for about half of the inflation basket have been rising mainly due to the impact of uneven monsoon rainfall across the country. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chile Sun.

More Information

null in null

South America

Section

US pressuring Africa to accept deportees Nigerian official

Foreign Minister Yusuf Tuggar says his country has enough problems and cant take in foreigners straight out of American prisons Nigeria...

MEA report 2024 highlights India's key diplomatic engagements, achievements

New Delhi [India], July 12 (ANI): The Ministry of External Affairs (MEA) has released its annual report for 2024, highlighting India's...

Chris Gotterup ties course record, moves into lead at Scottish Open

(Photo credit: Raymond Carlin III-Imagn Images) American Chris Gotterup delivered a course-record 9-under-par 61 to take a two-shot...

"Determined to enhance participation of young friends": PM Modi to distribute more than 51,000 appointment letters on July 12

New Delhi [India], July 11 (ANI): Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to newly appointed...

NYCFC acquire M Nicolas Fernandez Mercau as DP

(Photo credit: Anne-Marie Sorvin-Imagn Images) New York City FC acquired midfielder Nicolas Fernandez Mercau from Spanish side Elche...

Atlanta United loan Edwin Mosquera to Millonarios

(Photo credit: Dale Zanine-Imagn Images) Atlanta United FC loaned midfielder Edwin Mosquera to Millonarios FC in his native Colombia...

World

Section