Retail inflation showed signs of acceleration again in June 2020, according to the first such data released since March. In contrast to the inflation peak attained in December 2019\/January 2020 due to a rapid surge in vegetable prices, this time the cost increase in meat, fish, pulses (all protein sources), milk, electricity and transport fuel led to the spike.<\/p>\n
Inflation rises again <\/h2>\n
The graph shows the year-on-year change in India’s overall, urban and rural retail inflation rates. After peaking in Jan. 2020, inflation rates decelerated till COVID-19 hit in March. Rates started to rise in June again. <\/a><\/p>\n Viewing in app? Click<\/a> to view the chart<\/em><\/p>\n \u00a0<\/p>\n Chart appears incomplete? Click to remove AMP mode.<\/em><\/p>\n In rural areas, pulses (16.1% increase y-o-y), meat and fish (14.9%), milk (8.6%), cereals (6.5%) and transport (6.7%) were dearer. Fruits recorded deflation (-1%) and vegetables (4.6%) saw relatively minimal inflation. <\/p>\n Viewing in app? Click<\/a> to view the chart<\/em><\/p>\n \u00a0<\/p>\n Also read: Editorial | Inflation alert: On rising prices<\/a><\/strong><\/p>\n In urban areas, meat and fish (18.7% increase y-o-y), pulses (17.9%), transport (7.6%), fuel and light (9.2%) and milk (8.3%) were dearer. Fruits (-0.4%) and vegetables (-2.7%) recorded deflation. So, in both rural and urban areas, unlike in Dec. ’19\/Jan. ’20, vegetables did not contribute to inflation. In fact, they moderated the price rise.<\/p>\n Viewing in app? Click<\/a> to view the chart<\/em><\/p>\n \u00a0<\/p>\n July 2020 data suggest a definite price rise in staple vegetables. Tomatoes and potatoes were costlier, while onions, which were dearer in December 2019\/January 2020, were less costly.<\/p>\n Viewing in app? Click<\/a> to view the chart<\/em><\/p>\n \u00a0<\/p>\n Source: MoSPI, Department of Consumer Affairs<\/p>\n<\/div>\nRural inflation<\/h2>\n
Urban inflation<\/h2>\n
Unstable staple<\/h2>\n