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Economy And The Numbers

India Inflation Rises To 2.07% In August

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

India's consumer price inflation increased for the first time in ten months in August, official data revealed on Friday.

Consumer price inflation climbed to 2.07 percent in August from 1.61 percent in July, which was the lowest inflation since June 2017.

The Reserve Bank of India aims to keep inflation in a 2-6 percent tolerance band. During its last meeting, the RBI decided to hold rates at 5.5 percent.

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