Because of rising costs of food, India’s retail inflation reached 4.81% in the month of June.

India's retail inflation

According to data released by the Indian government on July 12, the country’s retail inflation rate increased to 4.81% in June from 4.31% in May. This increase was driven by a rise in food price inflation suffered by consumers, which rose to 4.5% from less than 3% in the previous month. According to figures released … Read more