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Retail inflation hits 5-mth high of 3.36% on costlier veggies

Press Trust of India  |  New Delhi 

Retail rose to a five- month high of 3.36 per cent in August due to costlier vegetables and fruits.

The consumer price index (CPI) based stood at 2.36 per cent in the previous month.


The August number is the highest since March 2017, when it was recorded at 3.89 per cent.

Overall food in August also moved up, reversing the deflationary trend, to 1.52 per cent, data showed today.

Daily consumables like fruits and vegetables turned costlier during the month with print coming at 5.29 per cent and 6.16 per cent, respectively as against 2.83 per cent and (-)3.57 per cent in July, according to the data released by the Central Statistics Office (CSO).

Likewise, prepared meals, snacks and sweets as a category turned dearer with the rate of price rise at 1.96 per cent from 0.43 per cent in July.

Also, transport and communication means were costlier during the month with rising to 3.71 per cent from 1.76 per cent in July.

However, items such as cereals and products, meat and fish, oils and fats became cheaper at prints at 3.87 per cent, 2.94 per cent and 1.03 per cent, respectively.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 12 2017. 18:28 IST
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