Retail inflation declines to 6.83 pc in August on falling food prices

New Delhi, September 12 Retail inflation declined to 6.83 per cent in August compared to July, mainly due to easing food prices, according to official data. The Consumer Price Index (CPI) based inflation was at 7.44 per cent in July...

PTI

Updated At : 11:42 PM Sep 12, 2023 IST

New Delhi, September 12

Retail inflation declined to 6.83 per cent in August compared to July, mainly due to easing food prices, according to official data.

The Consumer Price Index (CPI) based inflation was at 7.44 per cent in July and at 7 per cent in August 2022, as per the data released by the National Statistical Office (NSO) on Tuesday.

Food inflation eased to 9.94 per cent in August from 11.51 per cent in July.

The Reserve Bank of India (RBI) has projected the CPI inflation at 5.4 per cent for 2023-24.

Tags :

pricerise RBI

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles