Retail inflation marginally increased to 3.65 per cent in August and remained within the Reserve Bank's target of 4 per cent, the government data showed on Thursday.
The Consumer Price Index (CPI) based retail inflation was 3.6 per cent in July 2024 and 6.83 per cent in August 2023.
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July, according to the data released by the National Statistical Office (NSO).
The inflation also was below 4 per cent in July.
The government has tasked the Reserve Bank of India (RBI) to ensure that the CPI inflation remains at 4 per cent with a margin of 2 per cent on either side.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Featured Video Of The Day
Siddaramaiah Writes To Chief Ministers On Devolution Of Taxes By Centre
India Handled Inflation Much Better Than US, Germany, France: SBI Report RBI To Conduct Nation-Wide Quiz For Undergraduate Students, Check Details Why More Americans Find One Job No Longer Enough To Survive Mamata Banerjee Says "Willing To Resign" Amid Stand-Off With Doctors "Waiting For 2 Hours": Mamata Banerjee, Doctors Yet To Meet Amid Stand-Off Everyone Over 70 To Be Covered Under Health Insurance Scheme: Centre Zaheer And Sagarika Rejuvenated At This Spa Resort In Thailand 2 Men Get 20-Year Jail Term For Raping 16-Year-Old Girl In UP Should People With PCOS Consider Keto? Track Latest News Live on NDTV.com and get news updates from India and around the world.