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Business Economy


July retail inflation at 6.93 pc

New Delhi, Aug 13 (UNI) India's retail inflation for July stood at 6.93 per cent, as against 6.23 per cent in June, according to the data released by the government.
The July CPI combined food price inflation stood at 9.62 per cent against 8.72 per cent in June, said the Ministry of Statistics and Programme Implementation.
The CFPI for June was revised to 8.72 per cent from 7.87 per cent, the data showed. July CPI Rural inflation stood at 7.04 per cent, against 6.34 per cent in June.
Inflation of Cereals and products was 6.96 per cent and for vegetables at 11.29 per cent.
The inflation rate of Food and Beverages was 8.71 per cent, while for Pan, Tobacco and intoxicants stood at 12.35 per cent, Clothing and footwear at 2.91 per cent, Housing 3.25 per cent and Fuel & light at 2.80 per cent.
The retail inflation, which is measured by the Consumer Price Index for June, was also revised to 6.23 per cent from 6.09 per cent, the data revealed.
The National Statistical Office said the price data are usually collected from selected 1114 urban markets and selected 1181 villages through personal visits by the field staff of Field Operations Division of NSO on a weekly roster.
''As the various pandemic-related restrictions were gradually lifted and non-essential activities started resuming operations, availability of price data has also improved. The NSO collected prices from 1054 (95 per cent) urban markets and 1089 (92 per cent) villages during the month of July,'' it added.
The government had not released the headline retail inflation data in April and May.
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