Tag: retail inflation

NEW DELHI: Retail inflation eased in August on the back of moderating food prices but remained above RBI's comfort level while factory output growth continued to be robust in July, providing comfort to policymakers.Data released by the National Statistical Office (NSO) on Tuesday showed retail inflation, as measured by the consumer price index (CPI), rose an annual 6.8% in August, slower than the 15-month high of 7.4% in July, bringing much-needed relief. Food inflation eased to 9.9% in August from 11.5% in July. Rural inflation was higher at...