India's retail CPI inflation rises to 4.82% in August
India's retail CPI inflation rose to 4.82% in August, driven by higher food and transport prices. Rural inflation was at 5.23% and urban inflation at 4.31%, remaining within the RBI's tolerance band of 2-6%.
pre-market1 source ↓written by the desknot a recommendation
- in August
- 4.82%
- in July
- 4.45%
- was recorded
- 5.23%
- inflation stood
- 4.31%
Retail inflation in India, based on the Consumer Price Index, increased to 4.82% in August, up from 4.45% in July. Rural inflation was recorded at 5.23%, while urban inflation stood at 4.31%. This inflation rate remains within the Reserve Bank of India's tolerance band of 2-6%, indicating stable economic conditions.
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