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India's August retail inflation eases to 5.05 percent

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's annual consumer price inflation eased to 5.05 percent in August, helped by smaller rises in food prices, government data showed on Monday.

Economists surveyed by Reuters had expected annual retail inflation to come in at 5.5 percent last month, compared with 6.07 percent in July.

Food inflation was 5.91 percent last month, slower than 8.35 percent recorded in July.

(Reporting by Manoj Kumar; Editing by Malini Menon)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 12 2016 | 6:20 PM IST

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