Economic Buzz: Indias Consumer Price Inflation At 7% In August

13 Sep 2022 , 09:21 AM

Indias consumer price inflation accelerated more-than-expected in August, figures from the National Statistical Office revealed. Consumer price inflation rose to 7.00 percent in August from 6.71 percent in July. In the same period last year, inflation was 5.30 percent. Food price inflation advanced to 7.62 percent in August from 6.69 percent in the previous month. Month-on-month, consumer prices gained 0.52 percent and food prices moved up 0.75 percent in August. Powered by Commodity Insights