Retail inflation inches up to 4.38% in June: Government data

India's retail inflation rose to 4.38% in June, up from 3.93% in May, driven primarily by an increase in food prices. The government continues to monitor these figures against the Reserve Bank of India's mandated inflation target.
Why it matters
Inflation data is a critical economic indicator that influences monetary policy and the cost of living for the general population.
Retail inflation inched up to 4.38% in June compared to 3.93% in May, mainly due to higher prices of food items, according to government data released on Monday (July 13, 2026).
The food inflation based on the consumer price index (CPI) was 5.32% in June, higher than 4.78% in May, according to the data.
The government has mandated the Reserve Bank of India to ensure that the headline inflation remains at 4%, with a margin of 2% on either side.
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