India's retail inflation reignites in June as food prices surge

Customers buy fruits and vegetables at an open air evening market in Ahmedabad, India. - Reuters

NEW DELHI: India's retail inflation rate rose for the first time in five months in June due to a sharp rise in food prices, government data showed on Friday (July 12).

Annual retail inflation was 5.08 per cent in June, up from 4.75 per cent in May. Economists polled by Reuters had forecast inflation at 4.80 per cent.

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