India's retail inflation rises to 4.45 percent in July
India's retail inflation, measured by the Consumer Price Index, rose to 4.45 percent in July from 4.38 percent in June, according to data released by the National Statistics Office. This increase marks the second consecutive month that inflation has remained above the Reserve Bank of India's medium-term target of 4 percent. The rise was primarily driven by food inflation, which climbed to 5.52 percent in July from 5.32 percent in the previous month, with significant price increases noted in items such as onions and ginger.
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What Happened
The National Statistics Office released consumer price index data on Wednesday showing that India's retail inflation reached 4.45 percent in July. This figure represents an increase from the 4.38 percent recorded in June. The data indicates that food inflation rose to 5.52 percent, up from 5.32 percent in the preceding month. Specific food items contributed significantly to this trend, with onion prices rising to 22.54 percent and ginger prices reaching 83.62 percent.
This development marks the second consecutive month that inflation has exceeded the Reserve Bank of India's target of 4 percent. The impact of rising food prices was more pronounced in rural areas, where food inflation was recorded at 5.79 percent compared to 5.05 percent in urban regions. The Reserve Bank of India has previously maintained short-term lending rates while citing concerns regarding inflationary pressures.
Background
The Reserve Bank of India is mandated to maintain retail inflation at 4 percent, with a tolerance band of 2 percent on either side, under the flexible inflation targeting framework.
Standing context, compiled from public reference sources rather than from the coverage above.
Key Facts
- Retail inflation reached 4.45 percent in July.Source not recorded
- Food inflation rose to 5.52 percent in July from 5.32 percent in June.Source not recorded
- The inflation rate has remained above the Reserve Bank of India's 4 percent target for two consecutive months.Source not recorded
- Rural food inflation was recorded at 5.79 percent, while urban food inflation was 5.05 percent.Source not recorded
- Onion and ginger prices saw significant increases during the month.Source not recorded
The Timeline6
Every article on this story, in the order it was filed. We do not rank the outlets.
12 Aug
- ETThe Economic TimesIndia's inflation gets a little hotter at 4.45% in July
- DHDeccan HeraldRetail inflation inches up to 4.45% in July
- PVPrajavaniಚಿಲ್ಲರೆ ಹಣದುಬ್ಬರ ಏರಿಕೆ
- NaNamasthe Telanganaధరల సూచీ మరింత పైపైకి.. జూలై నెలలో 4.45 శాతంగా నమోదు
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13 Aug
- DHDeccan HeraldIndia's retail inflation rises to 4.45% in July
CoverageWhat we read
Language reach
Dailies carrying this story, against the dailies we read in each language.
- English3 of 9
- Teluguతెలుగు1 of 2
- Kannadaಕನ್ನಡ1 of 1
Regional reach
Where this story reached, and where it did not. National mastheads and wire agencies circulate everywhere and are counted separately, not drawn on the map.
- None carried this
- No source registered
- 1 outlet
- 2 or more
- NorthNot carried0 of 4
- WestNot carried0 of 5
- Central IndiaNot carried0 of 1
- EastNot carried0 of 5
- North-eastNot carried0 of 2
- SouthCarried3 of 10
2 of the 26 states we read have local coverage. Concentrated in the South. Also carried by 2 national mastheads.
About This Analysis
One summary, built from every source. No single newsroom's voice.
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Paksh: the sides a story is told from. 5 newsrooms filed on this one, and every filing is listed above.