Retail inflation rises to 7 per cent in August on high food prices
New Delhi [India], September 12 (ANI): India's retail inflation rose to 7 per cent in August from 6.71 per cent in the previous month due to a sharp rise in food prices, as per the government data released on Monday.
Retail inflation has been above the Reserve Bank of India's tolerance band for the eighth consecutive month. With the headline inflation coming above 6 per cent for the eighth month in a row, the RBI is on a