The CCPI for all items for the month of August 2024 was 191.1 and it records a decrease of 3.6 index points compared to July 2024, for which the index was 194.7.

The overall rate of inflation as measured by CCPI on a Y-on-Y basis is 0.5% in August 2024, the report said.

The CCPI for all items for the month of August 2024 was 191.1 and it records a decrease of 3.6 index points or 1.85 per cent compared to the month of July 2024 for which the index was 194.7. This represents a decrease in expenditure value by Rs 3304.55 in the “Market Basket”.

The month-on-month change in CCPI from July 2024 to August 2024 was contributed by a decrease in Food items by 0.64% and a decrease in Non-Food items by 1.21% respectively, it said.