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India’s CPI Retail Inflation Live Updates: Retail inflation likely to have dipped further below 2.8% in June

CPI Retail Inflation LIVE: Retail inflation, based on Consumer Price Index (CPI), is likely to have dipped further below 2.8% during June. If this assessment is accurate, it would be the second consecutive month of the rate recording below 3 per cent. It would also be the fifth successive month of retail inflation below the median rate of 4%. The retail inflation rate was 2.82% in May, which was a 75-month low. This is expected to dip further, mainly on account of ease in food prices as supplies from a robust spring harvest reached markets.

THE HINDU BUSINESS LINE
4 hours ago
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