* India's Consumer Price Index (CPI) inflation has raised for the first time in five months to 4.81% in June 2023.
* The rise in inflation is higher than the street's expectations of 4.58%, but it is still below RBI's upper tolerance limit of 6%.
* Reason : Due to a less supportive base and the onset of a surge in vegetable prices.
* Consumer food price inflation surged to 4.49% in June 2023.
* Retail inflation in the food and beverages basket also rose sharply to 4.63%..
Source : Business Today
