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Retail Inflation Rises To 4.81% In June From 4.31% In May

Retail Inflation Rises To 4.81% In June From 4.31% In May

NDTV
Wednesday, July 12, 2023 05:56:57 PM UTC

Food inflation, which accounts for nearly half of the overall consumer price basket, rose to 4.49% against a revised 2.96% in May.

India's annual retail inflation rose to 4.81% in June from 4.31% the previous month, government data showed on Wednesday, snapping four months of easing due to surging prices for vegetables.

Food inflation, which accounts for nearly half of the overall consumer price basket, rose to 4.49% against a revised 2.96% in May.

Erratic and incessant rainfall in northern India could push vegetable prices higher in the coming months. Vegetable prices increased 12% on a month-on-month basis in June.

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