SME Times is powered by   
Search News
Just in:   • Govt introduces 'Improvement Notice' mechanism to boost ease of doing business  • India-US relationship stronger than ever: Trump team charts ambitious agenda  • Piyush Goyal, global CEOs discuss investment opportunities under India-UK CETA  • Beyond MSME Day: What India's MSMEs Actually Need Next  • How EU-India FTA goes beyond tariffs to strategic trust 
Last updated: 12 Sep, 2019  

inflation-upTHMB Retail inflation inches up to 3.21 in Aug

inflation-up
   Top Stories
» Govt introduces 'Improvement Notice' mechanism to boost ease of doing business
» India-US relationship stronger than ever: Trump team charts ambitious agenda
» Piyush Goyal, global CEOs discuss investment opportunities under India-UK CETA
» How EU-India FTA goes beyond tariffs to strategic trust
» India, UK explore new opportunities to deepen economic, trade cooperation: Piyush Goyal
SME Times News Bureau | 12 Sep, 2019

Higher food prices pushed up India's August retail inflation to 3.21 per cent from 3.15 per cent in July, official data showed on Thursday.

However, the Consumer Price Index (CPI) in August was lower than the corresponding month of the last year when retail inflation stood at 3.69 per cent.

According to the data furnished by the National Statistical Office (NSO), the Consumer Food Price Index (CFPI) widened to 2.99 per cent in August from an expansion of 2.36 per cent in July and 0.29 per cent in August 2018.

Product-wise, prices of pulses, vegetables, eggs, meat and fish pushed the retail food inflation higher on a year-on-year (YoY) basis. In contrast, decline in the prices of sugar capped the overall food inflation.

Accordingly, the prices of pulses and its products increased by 6.94 per cent, vegetables by 6.90 per cent and meat and fish by 8.51 per cent.

On the other hand, prices of sugar and confectionery declined by 2.35 per cent.

The sub-category of food and beverages recorded a 2.96 per cent rise last month over August 2018. Among the non-food categories, the fuel and light segment's inflation decreased by 1.70 per cent in August 2019.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter