Retail inflation hits 4 month high at 4.87% in May
PTI; New Delhi, June 12 : Retail inflation jumped to 4-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates.
Based on Consumer Price Index (CPI), the retail inflation was at 4.58 per cent in the preceding month, April. In May 2017, however, it was at a low of 2.18 per cent.
The previous high in retail inflation was in January this year at 5.7 per cent.
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