June retail inflation inches up, factory output slumps in May

June retail inflation inches up, factory output slumps in May

However, the data also indicated that inflation in vegetables and fruits segments eased over the previous month. (Representational Image) Rising for the sixth consecutive month, retail inflation for June reached 3.18 per cent — remaining well within the comfort zone of the Reserve Bank of India — leaving scope for a rate cut by the central bank to bolster industrial production which is yet to gain traction.

Read more at 
The Indian Express

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