India Inflation Heats Up: Food To Prices Slated To Go Higher? | India Tonight

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Published on July 12, 2023 4:23:07 PM ● Video Link: https://www.youtube.com/watch?v=tJH5WkmV5Ao

Duration: 8:38

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In India, Retail inflation for June has come in at 4.81%, higher than 4.3% we saw in May. The rise in inflation is primarily on account of higher food prices. So far, the retail inflation remains within RBI's tolerance range. Meanwhile, Index of Industrial Production - IIP - data for the month of May has come in at 5.2%, which is higher than 4.2% we saw in April.
On this edition India Tonight, ET NOW's Vikram Oza speaks with Upasna Bhardwaj, Senior Economist, Kotak Mahindra Bank, on how to read this economic data and what to expect from on the inflation front going forward.
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