In June, inflation slightly increases at 6.26% in India

Inflation India

Government is instructed by the government to keep inflation at 4%. In the continuous months, inflation is higher than the restricted inflation. Government released data shows that, In June, India's retail inflation slightly increased to 6.26% from a year ago. It shows the inflation of 6.3 in May  as comparison. In the food basket, in the month of June,

inflation was 5.15% compared to 5.01 % in May according to data released by the national statistical office. The Reserve Bank of India instructed the government to keep inflation at 4% with a margin of 2% on both sides. For the second month in a row, the inflation rate is above the comfort of the Reserve Bank of India.

Inflation is mainly based on the consumer price index. Pandemic had changed the crisis. Pandemic changed the needs. People are interested in improving immunity. They changed their way of living and eating. However, Inflation has slightly increased  at 6.26% in India in the month of June. It is slightly higher than last month. This was the data released by the National statistical office. 



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