Will retail inflation rise in June? Here’s all you need to know

Retail inflation data for the month of June will be released later in the day. In May, retail inflation was above RBI's target range of 2-6 per cent. Will inflation remain above the target band for a second consecutive month? Here is all you need to know.

Inflation data for the month of June will be released by the National Statistics Office (NSO) later in the day. Inflation, measured by the Consumer Price Index, is likely to increase in June after it increased to 6.30 per cent May. A poll of 37 economists conducted by news agency Reuters indicated that the country’s retail inflation may have accelerated to a seven-month high in June on rising food and fuel prices.