India News | Retail Inflation at 6.09 Pc in June
Get latest articles and stories on India at LatestLY. Retail inflation rose by 6.09 per cent in June, mainly on account of higher prices of food items, the government data showed on Monday.
New Delhi, Jul 13 (PTI) Retail inflation rose by 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.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)