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.