India's Retail Inflation Rises to 4.38% in June
India's retail inflation rose to 4.38% in June as gold and silver prices surged, government data showed.
New Delhi, July 13 (IANS) India's retail inflation, based on the new Consumer Price Index (CPI) series, was recorded at 4.38 per cent in June this year compared to the same month of the previous year, according to data released by the Ministry of Statistics on Monday.
The commodities that posted the highest inflation during the month were silver jewellery, which saw a 133.21 per cent jump in prices and gold jewellery, which clocked a 36.82 per cent increase in prices.
Overall food inflation in June stood at 5.32 per cent as the prices of potato plummeted by as much as (-) 20.34 per cent during the month while peas turned cheaper by (-) 9.67 per cent. However, tomato prices shot up by 31.82 per cent during the month while the cost of ginger surged by 50.41 per cent, the figures showed.
