July retail inflation picks up to 2.36 percent
India`s annual consumer price inflation picked up to 2.36 percent in July after easing for three straight months, as a decline in food prices slowed sharply, government data showed on Monday.
The rise was faster than the 1.87 percent forecast by economists in a Reuters poll. Inflation was 1.54 percent in June - the slowest pace since India started releasing retail inflation data in January 2012 based on combined data for rural and urban consumers.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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