Thursday, August 22, 2019
facebook
Business

Posted at: Aug 14, 2019, 8:47 AM; last updated: Aug 14, 2019, 8:47 AM (IST)

Retail inflation decreases marginally to 3.15% in July

New Delhi: Retail inflation eased marginally in July to 3.15% over the previous month despite costlier food items, said a government data released on Tuesday. The retail inflation based on Consumer Price Index  was 3.18% in June and 4.17% in July 2018. As per the data released by the CSO, the inflation in the food basket was 2.36% in July, marginally up from 2.25% in the previous month. Retail inflation is well below the RBI’s comfort level. The government has asked the central bank to keep inflation in the range of 4%. PTI 

COMMENTS

All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On