 "cpi, wpi, inflation, retail, food, prices, vegetables, markets, shops")
The consumer price index(CPI)- based inflation came in at 6.7 per cent for August, from 6.73% in July, courtesy food inflation refusing to soften below 9 per cent.
India’s economy now struggles to cope with low growth and high inflation five months into the Covid-19 pandemic.
The retail inflation has now remained above the upper band set by the Reserve Bank of India of 6 per cent for nine consecutive months, though not successively for three financial quarters yet. Core inflation, too, has been inching up in the pandemic era, approaching 6 per cent now, from 4 per cent earlier this year.
Experts
