Retail inflation: CPI rises to 2.07% YoY in August; up from 1.61% in July

Retail inflation in India edged up to 2.07% in August, according to official data, a rise of 46 basis points from July. While overall inflation increased, food inflation remained negative for the third consecutive month, although it improved slightly. The rise in inflation was primarily driven by increases in the prices of vegetables, meat, fish, and other items.