India’s May Retail inflation up by 3.05%

New Delhi: Higher food prices accelerated India’s May retail inflation to 3.05 per cent from 2.99 per cent in April, official data showed on Wednesday. However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in May 2019 was lower than the corresponding period of last year when retail inflation stood at 4.87 per cent. (IANS)

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