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India Retail Inflation Rises to 4.82% in August
Prices in India rose faster in August than in July.
Retail inflation reached 4.82% in August.
It was 4.45% in July and 4.38% in June.
Food prices were an important reason for the increase.
Food inflation reached 5.95%.
The figures were calculated using a newly revised price index based on 2024.
Officials and economists will watch whether price increases move closer to the Reserve Bank of India’s 4% target.
The numbers could also affect future interest-rate decisions and household budgets.
India’s retail inflation rose to 4.82% in August from 4.45% in July.
Inflation had stood at 4.38% in June under the revised CPI series.
Food inflation increased to 5.95% and remained a key pressure on overall prices.
The August reading was the second monthly inflation figure using the 2024 CPI base year.
The data may influence expectations for interest rates, household purchasing power and progress toward the RBI’s 4% target.
- Who
- The Ministry of Statistics and Programme Implementation released the data; the Reserve Bank of India’s inflation target is relevant to the reading.
- What
- India’s retail inflation rose to 4.82% in August, while food inflation reached 5.95%.
- Where
- India.
- When
- The data was released on September 14; the figures cover August.
- Why
- The figures help assess consumer price pressures and may influence interest-rate expectations, monetary policy and household purchasing power.
Key facts
- August retail inflation
- 4.82%
- July retail inflation
- 4.45%
- June retail inflation
- 4.38%
- August food inflation
- 5.95%
- Revised CPI base year
- 2024
- RBI medium-term inflation target
- 4%
- Data release date
- September 14
Sources
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