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Wednesday, July 18, 2012

June consumer inflation at 10.02%


India's annual consumer price inflation  in June is  10.02 percent, government data showed on Wednesday, but food prices accelerated as concerns rose about below-average monsoon rains.
Despite the slight moderation in price rises last month, inflation remains "way above" comfort levels, central bank Governor Duvvuri Subbarao said on Monday.
Food inflation in the CPI accelerated to 10.71 percent in June from 10.66 percent in May. The revised CPI number for May remained unchanged at 10.36 percent

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