Retail inflation in India eased in August due to lower food prices, but remained above the Reserve Bank of India's (RBI) comfort level. The consumer price index (CPI) rose 6.8% annually in August, slower than a 15-month high of 7.4% in July. Food inflation also decreased to 9.9% in August from 11.5% in July. However, experts warn that the outlook for food inflation remains uncertain due to factors such as onion prices and delayed sowing of crops.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/k3w8WId
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