Consumer Price Index (CPI) inflation for the month of June rose marginally to 5.77% versus 5.76% in May and 5.40% in June 2015. CPI inflation is entering the sticky zone and is likely to remain in this zone for the coming months.
Food inflation rose to 7.79% versus 7.55% month-on-month. While urban inflation rose to 5.26% versus 4.89% in May, rural inflation dipped marginally to 6.20% versus 6.45% in May.
Sugar & Confectionery inflation was reported at 16.79% versus 13.96% month-on-month. Urban Consumer Housing inflation rose to 5.46% versus 5.35% month-on-month. Pulses & Products Price inflation declined to 26.86% versus 31.57% month-on-month.
Milk & Products Inflation came in at 3.43% versus 3.53%, and Cereals & Products inflation was 3.07% versus 2.59% month-on-month.