NEW DELHI, Sept 13 (NNN-PTI) – India’s retail inflation rose to 2.07 percent in Aug, the latest government data showed, yesterday.
According to data, released by the Ministry of Statistics and Programme Implementation, inflation, based on the consumer price index in Aug is 2.07 percent, compared with 1.61 percent in Jul.
The inflation, according to the ministry, is well within the target inflation rate of the Reserve Bank of India.
Food inflation remained negative in the third consecutive month. It stood at -0.69 percent for Aug, rising 107 basis points as compared to Jul.
The ministry said, an increase in headline inflation and food inflation during the month of Aug is mainly attributed to an increase in inflation of vegetables, meat and fish, oil and fats, personal care, eggs, etc.– NNN-PTI
