New Delhi, July 12: Retail inflation rate based on Consumer Price Index (CPI) has jumped to a four-month high of 5.08 percent on an annual basis in June. The retail inflation rate was 4.75 percent in the previous month of May. This was the lowest level of 12 months.Ā
The Ministry of Statistics and Program Implementation said in a statement on Friday that the retail inflation rate has increased due to the increase in the prices of vegetables, pulses and food items in June.
The National Statistical Office said that the retail inflation rate was 5.08 percent in June. It was 4.75 percent in the previous month of May.Ā Food inflation increased to 9.36 percent in June, which was 8.69 percent in May. The inflation rate of vegetables was 29.32 percent in June, which was 27.33 percent in May. The inflation rate of pulses was 16.07 percent in June, which was 17.14 percent in May.
However, there has been a slight decrease in the inflation of pulses in June. The inflation rate of fruits was 7.1 percent in June, which was 6.68 percent in May.Ā
According to the data, the inflation rate of grains and related products was also 8.75 percent, which was 8.69 percent in May. The inflation rate of sugar was 5.83 percent, which was 5.70 percent in May.
However, the inflation rate of eggs has come down to 3.99 percent, which was 7.62 percent in May. Urban inflation has also increased from 4.21 percent to 4.39 percent. Apart from this, the rural inflation rate has increased from 5.34 percent to 5.66 percent
