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India's MoM retail inflation up 3.05% in May


Delhi,Business/Economy


Author : Indo Asian News Service

Business/Economy, Delhi, India Read Latest News and Articles

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New Delhi, June 12 (IANS) 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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