Retail inflation rises in India due to higher food and fuel prices

Higher food and fuel prices accelerated India's September retail inflation to 3.77 per cent from 3.69 per cent in August, official data showed on Friday.

Even on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in September 2018 was higher than in the corresponding period of last year, when it stood at 3.28 per cent.

According to the data furnished by the Central Statistics Office (CSO), the Consumer Food Price Index (CFPI) rose 0.51 per cent in September from 0.29 per cent in August 2018.