STORY: India's retail inflation eases to 3.54 pct in July
SHOOTING TIME: recent footage
DATELINE: Aug. 13, 2024
LENGTH: 00:01:31
LOCATION: New Delhi
CATEGORY: ECONOMY

SHOTLIST:
1. various of India gate
2. various of markets
3. various of grocery supermarket

STORYLINE:

India's retail inflation eased to 3.54 percent in July, the latest government data showed Monday.
   
According to the data released by the federal Ministry of Statistics and Program Implementation (MoSPI), the inflation based on Consumer Price Index (CPI) in July was 3.54 percent. In June, CPI was 5.08 percent.
   
The food inflation eased to 5.42 percent in July from 9.36 percent in June, the data showed.
   
According to officials, the price data are collected from selected 1,114 urban markets and 1,181 villages covering all states through personal visits by field staff of the field operations division of the National Statistical Office (NSO).
   
"During the month of July 2024, NSO collected prices from 100 percent villages and 98.5 percent urban markets while the market-wise prices reported therein were 88.71 percent for rural and 92.64 percent for urban," the MoSPI said.

Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)