Wednesday 12 September 2018

Lower food prices ease India's August retail inflation-The Total Investment & Insurance Solutions


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12 September 2018
 
Food (The Total Investment & Insurance Solutions)



Lower food prices eased India's August retail inflation to 3.69% from 4.17% in July, official data showed on Wednesday.

However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in August 2018 was higher than in the corresponding period last year, when it stood at 3.28 per cent.

According to the data furnished by the Central Statistics Office (CSO), the Consumer Food Price Index (CFPI) rose 0.29% in August from 1.30% in July 2018.The Total Investment & Insurance Solutions

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