Economy

Retail inflation declines to 10.02% in June

K.R. Srivats New Delhi | Updated on July 18, 2012 Published on July 18, 2012

BL18_RETAILINFLATION   -  Business Line

June retail inflation came in at 10.02 per cent, lower than the 10.36 per cent (final) recorded in the previous month.

With retail inflation, as measured by all-India general consumer price index, continuing at double-digit levels, the RBI is unlikely to cut policy rates on July 31, say economy watchers.

The provisional inflation rates for rural and urban areas for June 2012 are 9.74 per cent and 10.44 per cent, respectively, the Central Statistics Office announced today.

Inflation rates (final) for rural and urban areas for May 2012 are 9.57 per cent and 11.52 per cent, respectively.

Published on July 18, 2012
This article is closed for comments.
Please Email the Editor