India's May YoY CPI inflation rate 4.75%, 2.74% for clothing-footwear

Corresponding inflation rates for rural and urban areas were 5.28 per cent and 4.15 per cent respectively.

Country-wide inflation based on general CPI was the lowest this May after May 2023. It is less than 6 per cent since September last year, a release from the National Statistics Office (NSO) under the ministry of statistic and programme implementation said.

Among the groups, inflation corresponding to clothing and footwear decreased since last month.

The CPI for clothing and footwear in May was 191.3 (provisional), while the same was 191 (final) in April. The YoY inflation rate for the sector in May was 2.74 per cent.

ALCHEMPro News Desk (DS)