Inflation rises marginally to 3.18% in June

Retail inflation increased marginally to 3.18 per cent in June over the previous month, mainly due to the rise in food prices. According to official data, the retail inflation based on the Consumer Price Index (CPI) stood at 3.05 per cent in May and 4.92 per cent in June last year. The data released by the Central Statistics Office said food inflation was 2.17 per cent in June this year, up from 1.83 per cent in the preceding month. Inflation in protein-rich food items, like egg, meat and fish, ...