Don’t miss the latest developments in business and finance.

India's retail inflation in May inches up close to 5% mark

Image
IANS New Delhi
Last Updated : Jun 12 2018 | 6:05 PM IST

The combined push of food and fuel prices continued to drive up retail inflation in India in May towards the 5 per cent mark, official data showed on Tuesday.

As per numbers furnished by the Central Statistics Office, the consumer price index (CPI) inflation in May stood at 4.87 per cent, recording more than double the growth over the 2.18 per cent recorded in May last year, and up from the 4.58 per cent in April 2018.

The consumer food price index (CFPI) in May moved up to 3.1 per cent over the 2.8 per cent recorded in the previous month.

--IANS

bc/mr

Also Read

First Published: Jun 12 2018 | 5:58 PM IST

Next Story