<ul data-eligibleForWebStory="false"><li>India's retail inflation is expected to dip further in June, reaching the lowest level since February 2019 according to economists' forecasts.</li><li>Food and beverage inflation is projected to ease to 0.24% in June from 1.5% in May, despite some sequential increase in vegetable prices, particularly tomatoes.</li><li>Prices of cereals and edible oils are likely to remain subdued, supported by a good harvest and reduction in customs duty for edible oil, while pulses prices may continue to ease sequentially.</li><li>Core CPI is expected to remain largely stable at 4.21% in June, with energy prices remaining elevated partly due to the Israel-Iran conflict, but inflationary pressure is still on the downside overall.</li></ul>

CPI Preview: Retail Inflation Expected To Fall To Lowest Since 2019

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