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Retail Inflation Rises to 6.3% in May, Highest in Last 3 Months

WPI Inflation in food articles eased marginally to 4.31 per cent in May,

WPI Inflation in food articles eased marginally to 4.31 per cent in May,

Consumer Food Price Index increased to 5.01% in May from 1.96% in April, according to the ministry data

  • Last Updated:June 14, 2021, 17:55 IST

Retail inflation climbed to 6.30% in May, highest in last three months, according to the official data released by the ministry of statistics and programme implementation (MoSPI) on Monday. Consumer Food Price Index increased to 5.01% in May from 1.96% in April, according to the ministry data.

The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods. This is the fifth straight month of uptick seen in the wholesale price index (WPI)-based inflation.

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first published:June 14, 2021, 17:53 IST