India's MoM retail inflation up 3.05% in May

TNN Bureau. Updated: 6/12/2019 7:33:25 PM Business and Economy

New Delhi, June 12 (IANS) Higher food prices accelerated India's May retail inflation to 3.05 per cent from 2.99 per cent in April, official data showed on Wednesday.

However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in May 2019 was lower than the corresponding period of last year when retail inflation stood at 4.87 per cent.

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