Retail Inflation Quickens To 6.3% In May, Highest In Six Months

Retail inflation rose to a six months excessive in May 2021

Consumer Price Index or retail inflation for May 2021 witnessed an increase because it was 6.3 per cent in comparison with 4.23 per cent in April 2021. It has touched the very best mark in six months, because it was 6.93 per cent in November 2020.

Similarly meals inflation too noticed an increase because it was 5.01 per cent in May 2021, a steep hike over April 2021, when it was 1.96 per cent.