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Retail inflation in India at 3.65 pct

0 Comment(s)Print E-mail Xinhua, September 12, 2024
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NEW DELHI, Sept. 12 (Xinhua) -- The retail inflation in India remained at 3.65 percent in August, according to the Ministry of Statistics and Program Implementation on Thursday.

This was the second time in nearly five years when the overall retail inflation fell below the central bank's inflation target of 4 percent. The last time was in July 2024.

"Corresponding inflation rates for rural and urban are 4.16 percent and 3.14 percent, respectively. Decline in inflation is observed in the subgroups of Spices, Meat and Fish and Pulses and products etc," said the ministry's data.

According to the data, vegetables' prices rose by 10.71 percent, while the prices of pulses increased by 13.60 percent in August. Enditem

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