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India's August Retail Inflation Rises To 3.21%

Annual retail inflation in August was slightly higher compared with 3.15 per cent in the previous month.

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India's retail inflation rate rose to 3.21% in August, driven by higher food prices, the government said on Thursday, remaining below the central bank's 4% medium-term target for a thirteenth consecutive month.

Annual retail inflation in August was slightly higher compared with 3.15% in the previous month, and in line with analysts' forecasts.

Analysts polled by Reuters had forecast a retail inflation rate of 3.30% for August.

(Reuters)


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