Retail inflation stood at 6.09 per cent, food inflation increased by 7.87 per cent in June

By: |
July 13, 2020 8:30 PM

Food inflation in June increased by 7.87 per cent, according to Consumer Price Index (CPI) data.

CPI, Retail inflation, food inflation The retail inflation based on Consumer Prince Index was 3.18 per cent in June 2019.
(Image: PTI)

CPI Data, Food Inflation: Retail inflation rose to 6.09 per cent in June, mainly on account of higher prices of food items, the government data showed on Monday.

Food inflation in June increased by 7.87 per cent, according to Consumer Price Index (CPI) data.

The inflation figures are based on data collected from limited markets in view of the restrictions imposed on account of coronavirus pandemic, the Ministry of Statistics & Programme Implementation said in a release.

The data collected, however, did not meet the adequacy criteria for generating robust estimates of CPIs at the state-level, it added.

The retail inflation based on Consumer Prince Index was 3.18 per cent in June 2019.

The government had released truncated CPI data for April and May in the backdrop of the lockdown to contain COVID-19 pandemic.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1India economy likely to contract by 10% in FY21: Former Planning Commission’s Abhijit Sen
2Forex reserves down $469 million to $574.82 billion
3ADB approves $190 million loan for upgradation of Bengaluru power distribution system