India’s August retail inflation eases to 3.69 percent

Wed Sep 12 2018
Ramesh Sridharan (904 articles)
India’s August retail inflation eases to 3.69 percent

NEW DELHI (Reuters) – India’s annual retail inflation eased to 3.69 percent in August from 4.17 percent in July, the statistics ministry said on Wednesday, helped by smaller increases in food prices.

Analysts polled by Reuters had forecast August’s annual increase in the consumer price index at 3.86 percent.

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai