High food prices again push India's retail inflation up
India's retail inflation rose for the second straight month in May to 5.76% from 5.47% in the month before, due to a sharp spike in food prices, as per data on consumer price index released on Monday.
 
The annual retail inflation rose to the current level from 4.83% in March, 5.26% in February and 5.69% in January. The food inflation rose by more than one percentage point to 7.55% from 6.4% in the April, fresh data showed.
 
Food inflation was at 5.21% in March.
 
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Comments
NK Padhi
1 decade ago
Like GDP, govt officials might say that retail inflation is below 4%. Only the consumers know bitter truth !
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