India’s Retail Inflation Breaches RBI’s 4% Target; Hits 18-Month High of 4.38% in June 2026

India’s Retail Inflation Breaches RBI's 4% Target; Hits 18-Month High of 4.38% in June 2026

India’s retail inflation took a sharp upward turn in June 2026, hitting an 18-month high of 4.38 percent and crossing the Reserve Bank of India’s (RBI) medium-term target of 4 percent for the first time in 17 months (since December 2024). According to fresh macro data released by the National Statistical Office (NSO), this sudden … Read more