Retail inflation rises marginally to three.7% in Aug, change in MPC stance unlikely

Rise in vegetable and fruit costs pushed the retail inflation charge barely increased at 3.7 per cent in August, authorities knowledge launched on Thursday confirmed. The speed was 3.6 per cent in July. Regardless of the rise, the retail inflation, primarily based on Client Worth Index (CPI), is second lowest within the final 59 months. … Read more