SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Consumer Price Index of India increases marginally to 3.21% in August

13 Sep 2019 Evaluate

India’s retail inflation based on Consumer Price Index (CPI) increased marginally to 3.21% in August from 3.15% in July, mainly due to costlier food items like meat and fish, vegetables and pulses. Though, it is lower as compared to 3.69% in August 2018. The previous high was 3.38% in October 2018. Besides, retail inflation is within the Reserve Bank India's target range of 4%, with deviation of 2% on either side. The overall food inflation, measured on consumer food price index (CFPI) stood at 2.99% in August, up from 2.36% in the previous month, while it was 0.29% in August 2018.

As per the data of the Central Statistics Office (CSO), Ministry of Statistics and Programme, the CPI (Rural, Urban, Combined) on Base2012=100 for August 2019, stood at 2.18%, 4.49% and 3.21%, respectively, compared to 3.41%, 3.99% and 3.69%, respectively in August 2018. The index value of CPI for combined stood at 144.9. The data also showed that CFPI for all India Rural and Urban for August 2019 stood at 0.85% and 7.07%, respectively, compared to 1.14% and -1.21%, respectively in August 2018. The index value of CFPI for combined stood at 144.7 for the month of August.

Prices in food and beverages category increased by 2.96% during the month under review, whereas clothing and footwear prices increased by 1.23%. Housing inflation stood at 4.84% during August 2019. Meanwhile, fuel and light category saw prices decline by 1.70% during August. Inflation in meat and fish basket was 8.51%, pulses and products 6.94% and vegetables 6.9%.The retail inflation in health was recorded at 7.84% and in recreation and amusement at 5.54%. Personal care and effects segment saw prices rise by 6.38% during August. Inflation rate in the education segment was recorded at 6.10% in August.

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:

×