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India's wholesale inflation in August accelerates to 3.24 per cent

India’s wholesale inflation in August accelerates to 3.24 per cent

A massive jump in food prices pushed up India's wholesale price-indexed (WPI) inflation in August at 3.24 per cent...
A rise in food prices pushed India's annual retail inflation higher in August, official data showed on Tuesday. According to the data furnished by the Ministry of Statistics & Programme Implementation, August's consumer price index (CPI) inflation shot-up a full one percentage point to 3.36 per cent from a rise of 2.36 per cent in July. On a sequential basis, the country's Consumer Food Price Index (CFPI) rose to 1.52 per cent during the month under review when compared to July 2017. However, on a year-on-year (YoY) basis, the country's August retail inflation was lower than the 5.05 per cent CPI rate reported for the corresponding month of last year. The YoY CPI in urban areas ruled higher at 3.35 per cent, whereas in rural India it rose by 3.30 per cent. As per the ministry's data, retail inflation on a YoY basis edged higher due to a rise in the prices of food items like vegetables, cereals, milk-based products, meat and fish. The data on a YoY basis showed that vegetables in August became costly by 6.16 per cent, while cereals prices rose by 3.87 per cent. Other notable categories such as milk-based products became dearer by 3.58 per cent and meat and fish recorded a rise of 2.94 per cent. Food and beverages during the month under consideration recorded a rise of 1.96 per cent over the same ‘ Among non-food categories, the "fuel and light’ segment's inflation rate accelerated to 4.94 per cent in August.

Food prices push India’s retail inflation higher in August

A rise in food prices pushed India's annual retail inflation higher in August, official data showed on Tuesday.According to...

Higher food prices accelerate India’s retail inflation

A rise in food and fuel prices led to a rise of 2.36 per cent in India's retail or...
India's retail inflation eases to 1.54 per cent in June

India’s retail inflation eases to 1.54 per cent in June

India's retail, or consumer price index (CPI) based, inflation in June fell to 1.54 per cent, as compared to...
Retail inflation falls to record low, factory output dips

Retail inflation falls to record low, factory output dips

India's annual retail inflation eased to a record low of 2.18 per cent in May, and the country's factory...
Retail inflation decelerates to 2.99pc as food prices plunge

Retail inflation decelerates to 2.99pc as food prices plunge

India's retail inflation decelerated to 2.99 per cent last month from 3.89 per cent for March as food prices...

UK economy grows by only 0.3 pc, retail sales fall

The UK economy grew by just 0.3 per cent at the start of this year, the slowest growth rate...

India’s March retail inflation rises to 3.81% month-on-month

Shrugging off the depressive effect of demonetisation, India's Consumer Price Index (CPI), or retail inflation, during March rose month-on-month...
India's February retail inflation rises to 3.65 pc

India’s February retail inflation rises to 3.65 pc

India's annual retail inflation rose to 3.65 per cent in February from 3.17 per cent during the previous month,...
China's retail sector starts 2017 with slowest growth

China’s retail sector starts 2017 with slowest growth

Retail trade in China began 2017 with a cumulative increase of 9.5 per cent between January and February --...
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