Retail inflation, or the Consumer Price Index (CPI) in India, is expected to remain below or close to 5.0 percent in the remaining months of 2024-25, except for September, according to SBI Research.
- India's retail inflation rate increased in June, deviating from the moderation seen in previous months, driven by rising food prices.
- The year-on-year inflation rate based on the all-India Consumer Price Index (CPI) was 5.08 percent (provisional) for June 2024.
- The corresponding inflation rates for rural and urban areas were 5.66 percent and 4.39 percent, respectively.