Retail inflation inched up to 4.38% in June compared to 3.93% in May, mainly due to higher prices of food items, according to government data released on Monday (July 13, 2026).

The food inflation based on the consumer price index (CPI) was 5.32% in June, higher than 4.78% in May, according to the data.

The government has mandated the Reserve Bank of India to ensure that the headline inflation remains at 4%, with a margin of 2% on either side.