India retail inflation climbs to 3.93% in May; economists warn 6% breach within six months
Headline CPI rose 45 bps from April's 3.48%, with Crisil, Anand Rathi and Piramal flagging upside risk toward the RBI's 6% tolerance ceiling. Sustained price pressure threatens urban discretionary spend and footfall conversion across apparel, QSR and lifestyle categories over the next two quarters.
India's retail inflation rose to 3.93% in May from 3.48% in April, with economists warning headline CPI could breach 6% within six months, eroding urban purchasing power and weighing on discretionary consumption demand.