CPI inflation picks up to 9.87% in June

India's annual consumer price inflation picked up in June to 9.87%, after slowing for three straight months, government data showed on Friday.

Food prices for consumers rose an annual 11.84% in June, faster than an annual rise of 10.65% in May.

Unlike most central banks, the Reserve Bank of India mainly uses the wholesale price index (WPI) for setting its monetary policy.