Retail inflation in India rose to 4.81% in June, the highest in three months, driven by a significant increase in food prices. This rise follows a 4.31% inflation rate in May. Although the inflation rate is within the Reserve Bank of India's (RBI) comfort zone of below 6%, the food basket saw a sharp increase to 4.49% from 2.96% in May. The RBI aims to maintain retail inflation at 4% with a 2% margin and will review its monetary policy next month to address these changes​