Retail Inflation Eases To 5.59% In July From 6.26% In June As Food Prices Drop

Retail inflation eased significantly to 5.59 per cent in July 2021 from 6.26 per cent in June as food prices dropped. The fall in Consumer Price Index (CPI) inflation was in sharp contrast to May 2021, when it had risen sharply to 6.30 per cent due to supply chain disruption owing to the second wave of the Coronavirus pandemic.