India’s retail inflation tapered barely to six.26 per cent within the month of June 2021, in comparison with the month-ago interval. It was at 6.30 per cent in Might 2021. Nevertheless it was nonetheless over and above the Reserve Financial institution of India’s (RBI) threshold of 6 per cent, knowledge launched by the Ministry of Statistics & Programme Implementation (MoSPI) confirmed Monday.
That is the second time in six months that the Client Value Index (CPI) knowledge has crossed the RBI’s higher margin of 6 per cent. Previous to Might 2021, the CPI got here beneath the 6 per cent mark for 5 consecutive months.