 "Inflation, Indian economy")
India's retail inflation inched up to 7% in August from 6.71% in July mainly due to higher food prices, government data showed on Monday.
The consumer price index-based inflation is above the Reserve Bank's comfort level of 6% for the eighth month in a row.
According to the data, inflation in food basket was 7.62% in August, up from 6.69% in July and 3.11% in August 2021.
The rate of price rise was in excess of 10 per cent in case of vegetables, spices, footwear, and 'fuel and light' on annual basis.
However, there was contraction in inflation in egg
