Tag: food prices

NEW DELHI: The retail inflation for August dipped to 6.83% from 7.44% in July owing to reduction in prices of vegetables, data released by government showed.However, the inflation is still above the Reserve Bank of India's comfort zone threshold of 6%.In July, the inflation had skyrocketed after a sharp prices in prices of food, especially tomatoes, across the country.According to data released for August, food inflation eased to 9.94 per cent in August from 11.51 per cent in July. Notably, last year, the Consumer Price Index (CPI) based...