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Retail Inflation marginally eases to 6.26% in June

Inflation based on the consumer price index, however, remained above the Reserve Bank's comfort level for the second month in row.
A vendor puts onions in a sack after sorting them at a vegetable market in Mumbai, India, June 12, 2018. Photo: Reuters/Danish Siddiqui

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.

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.

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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