You are here: Home » PTI Stories » National » News
Business Standard

Retail inflation at five month high of 5 pc in June

Press Trust of India  |  New Delhi 

Retail rose to 5 per cent in June, a five-month high, despite easing food prices, government data showed today.

The retail based on Consumer Price Index (CPI) was 4.87 per cent in May. It was 1.46 per cent in June 2017.

The earlier high was in January this year at 5.07 per cent.

As per the data released by the (CSO), the in the was 2.91 per cent, compared to 3.1 per cent in May.

The inflation in fuel and light category, however, went up to 7.14 per cent as against 5.8 per cent in May.

The government has mandated the Reserve Bank to keep inflation at 4 per cent, with a margin of 2 per cent on either side.

The headed will be meeting later this month to review interest rate regime.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 12 2018. 18:00 IST
RECOMMENDED FOR YOU