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(India) For a second consecutive month the headline inflation rate, CPI (Consumer Price Index-Combined), has been above the 6 percent range of the central bank

Nikita Jain and Siddharth Rathore write: For a second consecutive month the headline inflation rate, CPI (Consumer Price Index-Combined), has been above the 6 percent range of the central bank. The year-on-year percentage change (YoY%) print for June 2021 has marginally eased to 6.26 percent from 6.30 percent in May 2021. This is mainly due to easing off the sequential momentum to 0.6 percent month-on-month (MoM) in June 2021 versus 1.6 percent MoM in May 2021.

go to ORF website: Uptick in India’s headline inflation: A transitory phase | ORF (orfonline.org)