00:56

Retail inflation in India at 3.65 pct

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STORY: Retail inflation in India at 3.65 pct 
SHOOTING DATE: Sept. 14, 2024
DATELINE: Sept. 14, 2024   
LENGTH: 00:00:56
LOCATION: New Delhi  
CATEGORY: ECONOMY  

SHOTLIST:
1. shot of India gate
2. various of vegetable market
3. various of food grain market

STORYLINE:

The retail inflation in India remained at 3.65 percent in August, according to the Ministry of Statistics and Program Implementation on Thursday.

This was the second time in nearly five years when the overall retail inflation fell below the central bank's inflation target of 4 percent. The last time was in July 2024.

"Corresponding inflation rates for rural and urban are 4.16 percent and 3.14 percent, respectively. Decline in inflation is observed in the subgroups of 'Spices,' 'Meat and Fish,' and 'Pulses and products,' etc," said the ministry's data.

According to the data, vegetables' prices rose by 10.71 percent, while the prices of pulses increased by 13.60 percent in August.

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

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