Retail inflation, based on Consumer Price Index, was at 10.36 per cent in May.
"Decline in retail inflation for urban areas in June 2012 as compared to May 2012 is attributed to higher base of the Housing Group index," Minister of State (Independent charge) for Statistics and Programme Implementation Srikant Kumar Jena said.
Provisional annual inflation of June 2012 for rural, urban and combined in respect of 'food and beverages' are 10.41 per cent, 11.52 per cent and 10.71 per cent respectively,
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