June Retail Inflation Rises For Fourth Straight Month

June Retail Inflation Rises For Fourth Straight Month
A vendor fills a bag with vegetables at a market in Ahmedabad (Photographer: Dhiraj Singh/Bloomberg)

India's consumer price index (CPI)-based inflation increased for the fourth straight month in June by a marginal 5.77 percent from 5.76 percent in May. A Bloomberg poll had estimated retail inflation at 5.8 percent. The index is at a 22-month high, data compiled by BloombergQuint shows.

Food inflation increased to 7.79 percent in June compared to 7.47 percent in May.

Food and beverages (up 7.38 percent), clothing (5.01 percent) and footwear prices rose the most.

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