Retail inflation eases to 5.59% in July on falling food prices

India's retail inflation has cooled down to 5.59 per cent in July 2021 due to a fall in food prices and improvement in supply chain logistics.

India’s retail inflation eased to 5.59 per cent in July, according to official data released by the government. Retail inflation dipped due to falling food prices and easing supply chain disruptions. Retail inflation, measured by the consumer price index (CPI), has dipped below 6 per cent for the first time in two months. The retail inflation recorded in June was 6.26 per cent.