Retail inflation jumped to a 15-month high of 7.44% in July as prices of vegetables and other food items spiked, according to official data released on Monday.
The Consumer Price Index (CPI) based inflation was at 4.87% in June and 6.71% in July 2022.
Previously, high inflation was recorded at 7.79% in April 2022.
Also Read: July retail inflation at 7.44% as vegetable prices surge
The inflation in the food basket was 11.51% in July compared to 4.55% in June and 6.69% in July 2022, as per the data.
The retail inflation in vegetables year-on-year was 37.43% while the rate of price rise in 'cereals and products' was 13%, showed the data released by the National Statistical Office (NSO).