Consumer Price Index Rises 6.26% In June, Food Price Inflation Stays Elevated
Capital MarketThe Consumer Price Index-based inflation (CPI) for the month of June recorded a rise of 6.26%, moderating a little after a six month high reading of 6.30% in May. Food prices stayed elevated though as food inflation (CFPI) rose to 5.15% in June, compared with 5.01 percent in May. Inflation for the 'fuel and light' sub-group also surged to 12.7% compared to 11.6% in May.
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