India's retail inflation, measured by the Consumer Price Index (CPI), edged up to 4.38 percent in June from 3.93 percent in May, driven primarily by higher food prices, according to government data released on Monday.
Food inflation also accelerated to 5.32 percent in June, compared with 4.78 percent in the previous month, reflecting an increase in the prices of key food items.
The latest inflation reading remains within the Reserve Bank of India's mandated tolerance band of 2–6 percent, with the central bank targeting headline inflation at 4 percent.