Retail inflation has remained above 7 per cent for the second month in a row. The earlier high was 8.33 per cent in May 2014.
According to the data released by the National Statistical Office (NSO), the Consumer Food Price Index (CFPI) crossed the double-digit mark and was 10.68 per cent in September.
The food inflation stood at 6.67 per cent against 6.38 per cent in the previous month and 5.10 per cent during the year-ago period.
Inflation based on food index of CPI-AL is at 7.76 per cent and of CPI-RL at 7.83 per cent in August 2020 compared to 7.27 per cent and 6.98 per cent, respectively, in the same month last year.
Retail inflation softens marginally to 6.69 per cent in August; wholesale inflation at five-month high
Segment-wise, the rate of price rise in 'cereals and products' category came down to 5.92 per cent during the month under review from 6.96 per cent in July.
The food inflation stood at 6.38 per cent in July, compared to 5.49 per cent in the previous month and 4.78 per cent during the same period a year ago, labour ministry statement said.
Tamil Nadu with 1,216 points topped the index table whereas Himachal Pradesh with 786 points stood at the bottom.
It is for the second consecutive month that the retail inflation has been above the RBI's comfort level.
Retail inflation for industrial workers measured in terms of Consumer Price Index for Industrial Workers (CPI-IW) for June 2020 increased by 2 points and stood at 332.
SBI's study said the pandemic accelerated the recent global trend of disinflation.
The retail inflation for industrial workers is measured through Consumer Price Index for Industrial Workers (CPI-IW).
Inflation based on food index of CPI-AL and CPI-RL is at 10.40 per cent and 10.21 per cent, respectively in May 2020.
The retail inflation based on Consumer Price Index (CPI) was 6.58 per cent in February 2020 and 2.86 per cent in March 2019.
The retail inflation based on Consumer Price Index (CPI) was 7.59 per cent in January and 2. 57 per cent in February 2019.
The food inflation last month was 13.63 per cent, compared with (-)2.24 per cent in January 2019.