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June Retail inflation UPSC NOTE

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  Volatile and high food prices remain a concern, but base effects may temper the retail inflation pace in June and possibly even cool it b...

 

  • Volatile and high food prices remain a concern, but base effects may temper the retail inflation pace in June and possibly even cool it below 4% over July and August, economists reckon.

  • Retail price rise touched a 12-month low of 4.75% in May, even though food inflation stayed stuck at 8.7% for a second straight month

  • The prolonged heat wave and a delayed start to the southwest monsoon likely pushed June’s inflation to 5%

  • Vegetable prices began to rise sharply as the month progressed, while telecom tariffs were raised

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: June Retail inflation UPSC NOTE
June Retail inflation UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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