CPI/ retail inflation increased to 4.81% (provisional), bucking the last two months’ trend. CPI had touched 4.70% in April followed by 4.31% in May (revised upwards from provisional 4.25%), a 25-months low.
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of June 2023 (Provisional). The price data are collected from selected 1114 urban markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of June 2023, NSO collected prices from 98.9% villages and 98.4% urban markets while the market-wise prices reported therein were 88.2% for rural and 92.4% for urban.
All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e. June 2023 over June 2022), based on General Indices and CFPIs are given as follows:
Monthly changes in the General Indices and CFPIs are given below:
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