
Headline inflation figure exceeds economists' expectations, increasing pressure on the central bank.
India's consumer price inflation increased to 4.82% in August from 4.45% in July, surpassing economists' expectations and increasing pressure on the central bank.
AI-generated summary
Inflation has been rising for 10 straight months in India.
India's consumer price inflation rose to 4.82% in August from 4.45% in July, adding to pressure on the country's central bank to raise key benchmark rates.
The headline inflation number was slightly above economists' expectations for a 4.80% rise, according to a Reuters poll. Inflation has been on the rise for 10 straight months in the world's fastest-growing economy, according to data from LSEG.
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