August retail inflation at 3.65%, below RBI target for second month; food prices moderate
New Delhi [India], September 12 (ANI): India's retail inflation remained below RBI's 4 per cent target for the second consecutive month. According to data released by the Ministry of Statistics and Programme Implementation on Thursday, retail inflation or Consumer Price Index in August was at 3.65 per cent.
August retail inflation is the second lowest in the last five years.
The year-on-year inflation rate based on the Al