Retail inflation climbs to 3.93% in May as food prices accelerate

 Retail inflation climbed to 3.93% in May 2026, up from 3.48% in April, driven by a surge in food prices to 4.78%. While rural areas saw higher overall inflation, urban areas experienced a notable increase in housing costs. Precious metals and certain vegetables like tomatoes and ginger saw significant price hikes, contrasting with sharp drops in potato and peas prices. Retail inflation climbed to 3.93% in May 2026, up from 3.48% in April, driven by a surge in food prices to 4.78%. While rural areas saw higher overall inflation, urban areas experienced a notable increase in housing costs. Precious metals and certain vegetables like tomatoes and ginger saw significant price hikes, contrasting with sharp drops in potato and peas prices.