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New Delhi: Retail inflation remained nearly flat at 6.26% in June compared to 6.3% in the previous month, official data released on Monday showed.
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Inflation based on the consumer price index (CPI), however, remained above the Reserve Bank’s comfort level for the second month in row.>
The RBI has been mandated by the government to keep retail inflation at 4% with a margin of 2% on either side.
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According to the data released by the National Statistical Office (NSO), inflation in the food basket was 5.15% in June compared to 5.01% in May.>
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