CPI Inflation clocked in at 29.4% in June 2023

CPI Inflation in June 2023 clocked in at 29.4% YoY as compared to 38.0% in May 2023 and 21.3% YoY in June 2022.

On MoM basis, CPI inflation was down 0.3% as compared to increase of 1.6% last month. This takes FY23 average inflation to 29.18% compared to 12.15% in FY22.

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