{"id":8010,"date":"2019-07-13T15:56:47","date_gmt":"2019-07-13T10:26:47","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=8010"},"modified":"2019-07-13T15:56:47","modified_gmt":"2019-07-13T10:26:47","slug":"high-food-prices-push-retail-inflation-to-eight-month-high-of-3-18-in-june","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/high-food-prices-push-retail-inflation-to-eight-month-high-of-3-18-in-june\/","title":{"rendered":"High food prices push retail inflation to eight-month high of 3.18% in June"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>According to the data released from the Central Statistics Office(CSO), retail inflation has reached an eight-month high of 3.18% in June,2019.<\/li><li>This is mainly due to costlier food items.As per the data,Inflation in the food basket rose to 2.17% in June,2019 up from 1.83% in May 2019.<\/li><li><strong>Retail inflation <\/strong>is based on the Consumer Price Index (CPI).It reflects changes in the retail prices of specified goods and services over a time period which are traded by particular consumer group.&nbsp;<\/li><li>CPI data is released monthly by the Central Statistics Office(CSO) which functions under the Ministry of Statistics and Programme Implementation.<\/li><li>There are four types of CPI: a) CPI-IW (Industrial Worker), b) CPI-UNME (Urban Non-Manual Employees), c) CPI-AL (Agricultural Labourers) and d) CPI-RL (Rural Labourers)<\/li><li>RBI has adopted CPI as the key measure for determining inflation situation of Indian economy on the recommendation of Urjit Patel Committee.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>According to the data released from the Central Statistics Office(CSO), retail inflation has reached an eight-month high of 3.18% in June,2019. This is mainly due to costlier food items.As per the data,Inflation in the food basket rose to 2.17% in June,2019 up from 1.83% in May 2019. Retail inflation is based on the Consumer Price&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/high-food-prices-push-retail-inflation-to-eight-month-high-of-3-18-in-june\/\">Continue reading <span class=\"screen-reader-text\">High food prices push retail inflation to eight-month high of 3.18% in June<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3459,3147],"class_list":["post-8010","post","type-post","status-publish","format-standard","hentry","category-economy","tag-cpi","tag-retail-inflation","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704746893},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/8010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=8010"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/8010\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=8010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=8010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=8010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}