Retail inflation for the month of August fell to multi-year low of 3.66 per cent on account of cheaper food prices, including of vegetables, fruits and cereals, as per data released by the Central Statistics Office (CSO).
The retail inflation based on Consumer Price Index (CPI) was at 3.78 per cent in July 2015.
Food inflation measured on Consumer Food Price Index during the month of August 2015, however, rose to 2.20 per cent as against 2.15 per cent recorded in July 2015, the official data released Monday showed.
As per the official data by the CSO, the Cereal and products inflation stood at 1.22 per cent while the vegetables inflation stood at Rs (-)6.36 per cent.
Urban inflating was recorded at 2.65 per cent while the rural inflation was recorded at 4.47 per cent.
