Retail Inflation Rises To 8-Month High Of 4.82% In August On Higher Food Prices

India’s retail inflation increased to an eight-month high in August as rising food prices continued to strain household budgets. Consumer Price Index (CPI)-based inflation rose to 4.82% from 4.45% in July, keeping headline inflation above the Reserve Bank of India’s medium-term target of 4%.The latest data marks the third consecutive month when CPI inflation has remained above the RBI’s target....