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Retail Inflation Cools to Five-Month Low of 5.05 Percent

The reason for it is a slower rate of price increase in vegetables as well as food and beverages.

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  • Retail inflation eased to a five-month low of 5.05 percent in August, mainly because of a slower rate of price increase in vegetables as well as food and beverages.
  • The rate of price growth, based on the Consumer Price Index (CPI), was the lowest since March 2016 when it stood at 4.83 percent. However, in the preceding month of July, CPI inflation was at a nearly two-year high of 6.07 percent.
  • In August 2015, the rate of price rise was 3.74 percent. Lower inflation in vegetables in August helped as the rate of price rise stood at a mere 1.02 percent against 14.06 percent in July, government data showed on Monday.

(With inputs from PTI.)

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Topics:  Vegetables   CPI   consumer price index 

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