India, Aug. 14 -- Snapping five-month rising trend, India's retail inflation based on Consumer Price Index (CPI) eased marginally to 3.15% in the month of July 2019, on the back of softening fuel and light prices, even as inflation in the overall food basket moved up. CPI was 3.18% in June 2019, while it stood at 4.17% in July 2018. Also, inflation stayed below the RBI's medium-term target of 4% for an eleventh straight month. The overall food inflation, measured on consumer food price index (CFPI) moved up to 2.36% in July from 2.25% in June 2019 and 1.30% in July 2018.

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 2019, stood at 2.1...