India’s retail inflation rate rises to five-month high of 5% in June, 2018

India’s retail inflation rose moderately to a five-month high of 5.00 percent in June, 2018 from 4.87 percent in the previous month and 1.46 in the same month of the previous year, thanks to an increase in the prices of most components, except food and beverages, official data released here today said.
According to the data released by the Ministry of Statistics and Programme Implementation, the Consumer Price Index (CPI) for rural areas stood at 5.00% and urban areas at 4.85%, making for a combined rate of 5.00%.
The Consumer Food Price Index (CFPI) stood at 3.74% in rural areas and 1.56% in urban areas, adding up to a combined rate of 2.91%, as compared to 3.10% in the previous month and -2.12% in the same month of the previous year.
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