{"id":420358,"date":"2021-06-15T08:51:28","date_gmt":"2021-06-15T03:21:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420358"},"modified":"2021-06-15T09:29:47","modified_gmt":"2021-06-15T03:59:47","slug":"may-retail-inflation-at-6-month-high-of-6-3-on-higher-food-fuel-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/may-retail-inflation-at-6-month-high-of-6-3-on-higher-food-fuel-prices\/","title":{"rendered":"May retail inflation at 6-month high of 6.3% on higher food, fuel prices"},"content":{"rendered":"<p>India&#8217;s retail inflation shot up to six-month high of 6.3 per cent in May, after easing to a three-month low of 4.23 per cent in April, according to the government data released on Monday.<\/p>\n<p>Inflation, based on Consumer Price Index (CPI), has breached the Reserve Bank of India&#8217;s (RBI) target range for the first time after five months. The RBI is mandated to maintain the crucial number at 4 per cent in the medium term, with a 2 percentrage point margin on either side as part of its inflation target. <\/p>\n<p>A Reuters poll estimated the inflation rate to be 5.30 per cent in May.<\/p>\n<p>Food inflation accelerated to 5.01 per cent in May, as compared to 1.96 per cent in April, while core inflation stood at 6.6 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s retail inflation shot up to six-month high of 6.3 per cent in May, after easing to a three-month low of 4.23 per cent in April, according to the government data released on Monday. Inflation, based on Consumer Price Index (CPI), has breached the Reserve Bank of India&#8217;s (RBI) target range for the first time after five months. The RBI is mandated to maintain the crucial number at 4 per cent in the medium term, with a 2 percentrage point margin on either side as part of its inflation target. A Reuters poll estimated the inflation rate to be 5.30 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-420358","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420358"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420358\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}