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India inflation likely edged up in July on higher food prices: Poll

The August 6-10 Reuters poll of over 45 economists showed Indian retail inflation rose to 6.15 per cent last month from 6.09 per cent in June

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The government suspended the release of CPI inflation headline numbers for April and May due to insufficient data during the lockdown.

Reuters
India's retail inflation edged up slightly in July due to higher food prices, remaining firmly above the RBI's medium-term target of 4 per cent for a 10th straight month, a Reuters poll showed.

Food prices, which account for nearly half the inflation basket, have soared since April due to supply-side disruptions caused by a nationwide lockdown imposed to contain the spread of the coronavirus which has infected more than 2 million people and killed over 44,000 in the world's second-most populous country.

While the central government gradually eased restrictions in June, regional lockdowns in some major agricultural producing states continued

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