Retail inflation hits 5-month high of 3.36% on costlier veggies : The Tribune India

Join Whatsapp Channel

Retail inflation hits 5-month high of 3.36% on costlier veggies

NEW DELHI: Retail inflation rose to a five-month high of 3.36 per cent in August due to costlier vegetables and fruits. The consumer price index (CPI) based inflation stood at 2.36 per cent in the previous month.

Retail inflation hits 5-month high of 3.36% on costlier veggies

A woman buys vegetable at a market in Ahmedabad on September 12, 2017. Reuters



New Delhi, September 12 
 
Retail inflation rose to a five-month high of 3.36 per cent in August due to costlier vegetables and fruits.
The consumer price index (CPI) based inflation stood at 2.36 per cent in the previous month.
The August inflation number is the highest since March 2017, when it was recorded at 3.89 per cent.
Overall food inflation in August also moved up, reversing the deflationary trend, to 1.52 per cent, government data showed today.
Daily consumables like fruits and vegetables turned costlier during the month with inflation print coming at 5.29 per cent and 6.16 per cent, respectively as against 2.83 per cent and (-) 3.57 per cent in July, according to the data released by the Central Statistics Office (CSO).
Likewise, prepared meals, snacks and sweets as a category turned dearer with the rate of price rise at 1.96 per cent from 0.43 per cent in July.
Also, transport and communication means were costlier during the month with inflation rising to 3.71 per cent from 1.76 per cent in July.
However, items such as cereals and products, meat and fish, oils and fats became cheaper at inflation prints at 3.87 per cent, 2.94 per cent and 1.03 per cent, respectively. — PTI 
 

Top News

Canadian Police peleases photos of Khalistani separatist Hardeep Nijjar’s killers

Canadian Police release photos of Khalistani separatist Hardeep Nijjar’s killers; say more involved in case

The three are believed by investigators to be members of an ...

What led to Canada's arrests over killing of Sikh separatist Hardeep Nijjar?

What led to Canada's arrests over killing of Sikh separatist Hardeep Singh Nijjar

Nijjar was killed in the province of British Columbia in Jun...

ED files money laundering case against YouTuber Elvish Yadav, others

Snake venom case: ED files money-laundering case against YouTuber Elvish Yadav, others

The alleged generation of illicit funds for organising rave ...


Cities

View All