Number Theory: Understanding August’s CPI inflation numbers

Sep 13, 2023 08:42 AM IST

While the headline number has come down compared to its 7.4% print in July, what is the larger economic picture around inflation in the economy?

At 6.8%, India’s benchmark inflation number, as measured by the Consumer Price Index (CPI) has stayed above the upper limit of RBI’s tolerance band for the second consecutive month.

Consumer price inflation exceeded the central bank’s target range for the second straight month (REUTERS)
Consumer price inflation exceeded the central bank’s target range for the second straight month (REUTERS)

  • ABOUT THE AUTHOR

    Roshan Kishore is the Data and Political Economy Editor at Hindustan Times. His weekly column for HT Premium Terms of Trade appears every Friday.

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