India's retail inflation rose to 4.82% in August, while wholesale inflation neared double digits. Food inflation increased to 5.95% at the consumer level and 7.05% wholesale.
Fuel and power inflation surged sharply to over 22% on the wholesale price index. Economists anticipate continued upward pressure on prices due to global factors.
The Reserve Bank of India's monetary policy outlook remains a key focus.
This story was reported by The Times of India. Read the full coverage at The Times of India.
