Home ECONOMY Retail inflation eases to 7.8 percent in August

Retail inflation eases to 7.8 percent in August

0
SHARE

New Delhi, Sep 12 :

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).

(IANS)