Retail inflation hits six-month high of 4.38% in June as food prices surge

India's CPI climbed to a six-month high of 4.38% in June on a rainfall-driven food price surge (food inflation 5.32%). Jewellery inflation stayed hot—gold 36.8%, silver 133.21%—while restaurant and accommodation services rose 6.91%, signaling margin and pricing pressure across Indian retail categories.

— Filed Mon, 13 Jul, 2026, 17:52 IST · Source Forbes India · Updated

India's retail inflation hit a six-month high of 4.38% in June on surging food prices amid rainfall deficit. Jewellery inflation stayed elevated (gold 36.8%, silver 133%), and restaurant/accommodation services rose 6.91%—category-level signals relevant to Indian retail operators.

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