CPI inflation rises to 5% in June 2018

Core CPI Inflation moves up to 6.35% in June 2018

The all-India general CPI inflation increased 5.00% in June 2018 (new base 2012=100), compared with 4.87% in May 2018. The corresponding provisional inflation rate for rural area was 5.00% and urban area 4.85% in June 2018 as against 4.88% and 4.72% in May 2018. The core CPI inflation increased to 6.35% in June 2018 compared with 6.12% in May 2018. The cumulative CPI inflation jumped to 4.82% in April-June FY2019 compared with 2.20% in April-June FY2018.

Among the CPI components, inflation of food and beverages eased to 3.18% in June 2018 from 3.29% in May 2018. Within the food items, the inflation eased for Fruits to 10.13%, Meat and fish 2.41%, Milk and products 3.04%, Prepared meals, snacks, sweets etc. 4.83% and Cereals and products 2.70% . On the other hand, the inflation rose for Pulses and products to -10.87%, Spices 2.37%, Vegetables 7.80% and Sugar and Confectionery -7.11%, while the inflation also moved up for Oils and fats to 2.62% and Non-alcoholic beverages 1.96% in June 2018.

 

The inflation for housing rose marginally to 8.45%, while that for miscellaneous items moved up to 5.74% in June 2018. Within the miscellaneous items, the inflation for Transport and communication increased to 6.18%, Education 5.83%, Household goods and services 5.18%, Health 6.07% and Recreation and amusement 5.24%, while it has eased for Personal care and effects to 5.43% in June 2018.

The inflation for clothing and footwear was higher at 5.67%, while the CPI inflation of fuel and light increased to 7.14% in June 2018.

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