CPI inflation moderates in May to 7.04%3 min read . Updated: 13 Jun 2022, 11:51 PM IST
The inflation index for vegetables saw a sharp jump from 166.2 in April to 174.9 in May, mainly owing to high tomato prices
Retail inflation eased in May from the eight-year high it hit the previous month but remained well above the central bank’s upper tolerance level, adding pressure on policymakers to tame unrelenting price rise.
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