India's retail inflation based on consumer price index (CPI) stood at 7.01% in June, recent data released by government.

• It was 7.04% im May 2022.
• This the third straight month when the inflation numbers have stayed above 7 per cent and the sixth month in a row when the figures have remained above Reserve Bank of India's (RBI) tolerance band of 2-6%.
• The RBI mainly factors in retail inflation while arriving at its bi-monthly policy.