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India’s August Retail Inflation at 4.82% on-Year

India's annual retail inflation jumped to 4.82% in August from 4.45% in July, slightly exceeding the 4.80% forecast by economists in a Reuters poll.
Weak monsoon showers pushed food inflation to 5.95% in August, driving sharp price increases for ginger, onion, and garlic, while Brent crude futures near $108 a barrel intensified global pressures.
Transport inflation accelerated to 4.60% in August from 4.43% previously, marking the third consecutive month inflation exceeded the Reserve Bank of India's 4% medium-term target.
The Reserve Bank left its benchmark policy rate unchanged at 5.25% last month, though Governor Sanjay Malhotra and other officials indicated they favored a rate hike if inflation spreads.
India remains an outlier among regional peers Indonesia and the Philippines that have raised rates, and imports nearly 85% of its oil, exposing it to Middle East supply disruptions.

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Retail inflation rises to 4.82% in August

Food inflation in August increased to 5.95% compared to 5.52% in the preceding month, according to CPI data released by the National Statistics Office

1 hour ago·Chennai, India

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Hindustan Times

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India Today

Center

Retail inflation rises to 4.82% in August from 4.45% in July

Minutes of RBI's last monetary policy meeting showed that some officials, including Governor Malhotra, favoured a rate hike if inflation spread across segments.

2 hours ago·New Delhi, India

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Latestly

Right

CPI Inflation in August at 4.82% YoY Led by Food Inflation

Get latest articles and stories on Business at LatestLY. The overall figures show that the price rise in rural areas runs higher than that in urban areas during the month. Business News | CPI Inflation in August at 4.82% YoY Led by Food Inflation.

2 hours ago·Mumbai, India

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WTVB

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BizToc

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India’s August retail inflation at 4.82% on-year

NEW DELHI, Sept 14 (Reuters) - India's annual retail inflation jumped to 4.82% in August from 4.45% in July, driven by higher food and fuel prices and strengthening a case for ‌an interest rate hike in October. The August print is marginally higher th...

2 hours ago

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Bloomberg

Center

India August Inflation Accelerates, Narrowing RBI Pause Room

India’s inflation accelerated in August, pushing closer to the top of the central bank’s 2%-6% target range and potentially narrowing the scope for policymakers to remain on hold for long.

2 hours ago·New York, United States

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