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June consumer inflation eases to 1.54%, lowest in new series

Decline in food prices cited as reason; May inflation stood at 2,18%

Reuters  |  New Delhi 

Low inflation blues may taper off in the second half of FY18

The country's annual consumer price further eased to 1.54 per cent in June, helped by a fall in food prices, government data showed on Wednesday.

The rise was slower than 1.70 per cent forecast by economists in a Reuters poll, and was the lowest since India started releasing retail data in January 2012 based on a combined index for rural and urban consumers.

Consumer prices rose 2.18 per cent year-on-year in May.

Retail fell 2.12 per cent last month from a year ago, compared with a 1.05 percent fall in the previous month.

 

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, July 12 2017. 18:08 IST
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