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EconomyIndian Express16 June 2026
Food prices rise in May, propel household inflation to 3.93%
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500+ questions on Economy with explanations
📌 Summary:
- Retail inflation (CPI) rose to 3.93% in May 2026, up from 3.48% in April; inflation has risen every month in 2026
- MoSPI data: Consumer Food Price Index (CFPI) rose 0.92% month-on-month vs 0.75% rise in overall CPI; overall food inflation climbed to 4.78% from 4.2% in April
- Producers continued passing on higher input costs to households, adding to price pressure
- Economists expect headline inflation to rise further to around 4.5% in June
🎯 UPSC Relevance: GS3 (Indian Economy) — inflation measurement, monetary policy implications and the food-price component of CPI.
📝 Prelims Facts:
- CPI is released by MoSPI (Ministry of Statistics and Programme Implementation)
- RBI's flexible inflation-targeting band is 4% (+/- 2%)
- CFPI tracks the food and beverages basket within CPI
🔑 Key Term: CFPI (Consumer Food Price Index) — measures retail-level price change of the food basket, a major driver of headline CPI in India.
CPIinflationMoSPIfood prices
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