Retail inflation eases to 7.04% in May

Food price inflation, which had hit 8.31% in April, eased a little to 7.97% in May thanks to a decline in rural food inflation from 8.5% to 7.76%. 

Inflation faced by rural consumers fell from 8.38% in April to 7.01% in May, but for households in urban areas, the pace of price rise was virtually flat month-on-month, moving from 7.09% in April to 7.08% in May.

Post a Comment