India's Inflation Accelerates; Retail Hits 4.82%, Wholesale at 9.92%
India's inflation has risen, with retail inflation accelerating to 4.82% in August, driven by food and fuel prices, and wholesale inflation climbing to 9.92%. This marks the third consecutive month that retail inflation has exceeded the Reserve Bank of India's target of 4%. The increase was primarily due to uneven monsoon distribution affecting food prices and supply disruptions in rural areas. Core inflation remained sticky at 4.2%.22 sourcesSee all sources