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India retail inflation likely rebounded to 5.30per cent in May: Reuters poll

India retail inflation likely rebounded to 5.30per cent in May: Reuters poll
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India retail inflation likely rebounded to 5.30per cent in May: Reuters poll
FILE PHOTO: A woman shops inside the Big Bazaar retail store in Mumbai, India, November 25, 2020. REUTERS/Niharika Kulkarni
09 Jun 2021 06:05PM
(Updated:
09 Jun 2021 06:10PM)
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BENGALURU: India s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve Bank of India s target range for the sixth consecutive month, a Reuters poll found.
In April, the retail prices of petroleum products were kept unchanged because of multiple state elections being held then, despite rising crude prices, said Kunal Kundu, India economist at Societe Generale. ....

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Retail Inflation Data May 2021: Retail Inflation Likely Rebounded To 5.30% In May 2021, Says Reuters Poll

Retail Inflation In India: The June 4-9 poll of 40 economists showed consumer price inflation rose to 5.30 per centin May from a year ago, after dipping to a three-month low of 4.29 per centin April. ....

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India retail inflation likely rebounded to 5.30% in May - Reuters poll

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BENGALURU (Reuters) - India’s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve Bank of India’s target range for the sixth consecutive month, a Reuters poll found.
FILE PHOTO: A woman shops inside the Big Bazaar retail store in Mumbai, India, November 25, 2020. REUTERS/Niharika Kulkarni
“In April, the retail prices of petroleum products were kept unchanged because of multiple state elections being held then, despite rising crude prices,” said Kunal Kundu, India economist at Societe Generale.
“But immediately thereafter, the retail prices were increased about seven times in May itself, which led to substantial shooting up of this inflation component.” ....

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May retail inflation likely rebounded to 5.3% on higher food prices: Poll

India s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve Bank of India s target range for the sixth consecutive month, a Reuters poll found.
In April, the retail prices of petroleum products were kept unchanged because of multiple state elections being held then, despite rising crude prices, said Kunal Kundu, India economist at Societe Generale.
But immediately thereafter, the retail prices were increased about seven times in May itself, which led to substantial shooting up of this inflation component.
The June 4-9 poll of 40 economists showed consumer price inflation rose to 5.30% in May from a year ago, after dipping to a three-month low of 4.29% in April. ....

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India's retail inflation likely rose to 5.30% in May

Consumer price inflation rose to 5.30% in May from a year ago, after dipping to a three-month low of 4.29% in April, a Reuters poll found ....

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