SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Retail inflation cools down to nine-month low of 4.17% in July

14 Aug 2018 Evaluate

Snapping three-month rising trend, India’s retail inflation cooled down to 4.17% in the month of July 2018, mainly on the back of slowdown in prices of vegetables and fruits. This was lowest in nine months, while the previous low was in October 2017 at 3.58%. Inflation based on Consumer Price Index (CPI) for June has also been revised downwards to 4.92% from the earlier estimate of 5%. However, as for year-on-year comparison, retail inflation had increased by 2.36% in July last year. Besides, consumer food price inflation, a metric to gauge changes in monthly kitchen costs, eased to 1.37% in July, compared with 2.91% rise in the previous month. Though, it was higher as compared to (-) 0.36% July 2017.

As per the data of the Central Statistics Office (CSO), Ministry of Statistics and Programme, the CPI (Rural, Urban, Combined) on Base 2012=100 for July 2018, stood at 4.11%, 4.32% and 4.17% respectively, compared to 2.41% , 2.17% and 2.36% respectively in July 2017. The index value of CPI for combined stood at 139.8. The data also showed that Consumer Food Price Index (CFPI) for all India Rural and Urban for July 2018 stood at 2.18% and (-) 0.36%, respectively, compared to 0.07% and (-) 0.99%, respectively in July 2017. The index value of CFPI for combined stood at 140.2 for the month of July.

According to the data, among the food articles, inflation in vegetables declined by (-) 2.19% in July, compared to 7.80% in June. The rate of price rise in fruits slowed down 6.98%, as against 10.13% in the previous month. Pulses continued witness deflation and contracted (-) 8.91% in July from (-) 10.87% a month ago. The inflation in protein rich items like meat and fish, and also milk was also slower in July compared to the previous month. Inflation from pan, tobacco and other intoxicants fell to 6.34% in June from 8.05% a month ago. However, inflation in the ‘fuel and light’ segment based on the changes in the CPI increased to 7.96% from 7.14% in the previous month.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×