{
  "id": 7434552,
  "title": "Retail inflation in August rises to 4.8%, wholesale print up 9.9%",
  "url": "https://urgent.news/2026/09/15/retail-inflation-in-august-rises-to-4-8-wholesale-print-up-9-9",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T00:00:00.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/retail-inflation-in-august-rises-to-4-8-wholesale-print-up-9-9/articleshow/134247430.cms"
  },
  "original_language": "en",
  "account": "India's inflation rates surged in August, with retail inflation climbing to 4.8%, its highest level since the revised Consumer Price Index (CPI) series began in January, and wholesale inflation reaching 9.9%, prompting speculation of a potential interest rate increase by the Reserve Bank of India (RBI). This marks the third straight month retail inflation exceeded the central bank's 4% target, largely due to rising food prices. The CPI, now using 2024 as its base year, showed a 4.5% increase in July, with wholesale inflation inching up to 9.9% in August from 9.8% in July, mainly due to increased fuel, power, and manufactured goods prices. Food inflation jumped to 6% annually in August, driven by surges in prices for silver jewelry (107.1%), ginger (73.8%), onions (48.3%), garlic (43.6%), and gold, diamond, and platinum jewelry (35.5%). Economists anticipate retail inflation could surpass 5% in the coming months, potentially leading to an interest rate hike by the RBI before year-end. The RBI Monetary Policy Committee is set to meet on October 5-7, with economists suggesting a 50-75 basis points rate increase is plausible, with the likelihood of action in October growing.",
  "summary": "India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel and manufactured goods. Food inflation increased to 6%, with rural areas experiencing higher price pressures. Economists anticipate further inflation and potential interest rate hikes by the Reserve Bank of India. The central bank's next monetary policy…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Times of India",
        "title": "Retail inflation surges to 8-month high of 4.8% in August",
        "url": "https://urgent.news/2026/09/14/retail-inflation-surges-to-8-month-high-of-4-8-in-august",
        "published": "2026-09-14T23:51:33.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "China's August retail sales miss forecast while investment slump deepens, piling pressure on Beijing",
        "url": "https://urgent.news/2026/09/15/chinas-august-retail-sales-miss-forecast-while-investment-slump",
        "published": "2026-09-15T02:01:22.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "China’s Retail Sales rise 0.4% in August, Industrial Production up 5.2%",
        "url": "https://urgent.news/2026/09/15/chinas-retail-sales-rise-0-4-in-august-industrial-production-up-5-2",
        "published": "2026-09-15T02:07:06.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "China’s factory output growth quickens in August, retail sales slow",
        "url": "https://urgent.news/2026/09/15/chinas-factory-output-growth-quickens-in-august-retail-sales-slow",
        "published": "2026-09-15T02:12:29.000Z"
      },
      {
        "outlet": "BusinessDay Nigeria",
        "title": "August inflation seen moderating to 15.3%",
        "url": "https://urgent.news/2026/09/15/august-inflation-seen-moderating-to-15-3",
        "published": "2026-09-15T02:15:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}