From food to mobile charges: Here’s what drove consumer prices in August
Consumer inflation accelerated faster than expected to 3.7 percent in August from 3.6 percent in the previous month as food inflation quickened to 5.66 percent. However, inflation remained below 4 percent, the midpoint of RBI's 2-6 percent inflation target range, for the second straight month. Although pulses inflation eased to 10.7 percent in July from 13.6 percent, it remained in double digits for a 15th consecutive month. Vegetable inflation climbed to double digits after slowing to 6.8 percent in July. Moneycontrol takes a look at what’s driving inflation in four charts:
Inflation rose slightly in August
With food inflation contributing to rising prices
Pulses, vegetables and fruits were culprits
With tariff hikes ringing in higher prices for services