India's inflation accelerates to 4.38% in June, exceeding forecasts
First publishedJul 13, 10:56 UTC
Last updatedJul 13, 14:04 UTC · 3m ago
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CNBC Top News
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India's inflation rose to 4.38 percent in June. This is higher than what experts expected. It is the eighth month in a row that inflation has gone up. Food and energy prices are increasing because of the Iran war and low rainfall.
Why it matters
Higher inflation means everyday goods cost more for people. It can affect savings, wages, and the central bank's interest‑rate decisions.
In brief
- What was India's inflation rate in June?
- It was 4.38 percent.
- Why did inflation rise according to the report?
- Food and energy prices went up because of the Iran war and deficient rainfall.
- How many months has inflation risen consecutively?
- Eight straight months.
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