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    <title>Retail inflation rises to 4.82 pc in Aug on higher food prices</title>
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    <description>Consumer Price Index-based retail inflation rose to 4.82 per cent in August, exceeding the Reserve Bank&#039;s median target and reflecting higher food prices. Wholesale price inflation also increased, led by higher food, manufactured-item, and fuel-and-power inflation. The inflation-targeting framework requires the Reserve Bank to maintain Consumer Price Index-based inflation at 4 per cent, subject to a tolerance margin of 2 percentage points on either side. Consumer price inflation is a material consideration for monetary policy rate decisions.</description>
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