June Retail Inflation at 8 Month High
Retail inflation touches 8 month high in the month of June as per the data released by Ministry of Statistics & Programme Implementation. India's retail inflation picks up to 3.18 percent (Base 2012 = 100) in June from 3.06 percent in May (Final) as CFPI (Consumer Food Price Index) further rises to 2.17 percent from 1.83 percent. Inflation in rural area rises to 2.21 percent from previous month's 1.86 percent and in urban area CPI (Consumer Price Index) is 4.33 percent against previous month's 4.51 percent.
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