Retail Inflation Breaches RBI's Medium-Term Comfort Target of 4% in June
This surge breaks the string of months where inflation remained under the Reserve Bank of India’s (RBI) primary target of 4.0%.
In the preceding month of May, retail inflation stood comparatively lower at 3.93%.
Exam Perspective: Managing retail inflation within the 2%-6% band (with a 4% target) is crucial for the RBI's Monetary Policy Committee (MPC) to decide on repo rate cuts, directly influencing banking liquidity and borrowing costs.
Key Facts / Static GK
RBI Governor: Shaktikanta Das
RBI Headquarters: Mumbai, Maharashtra
RBI Established: 1 April 1935
Practice Quiz — 14 July 2026
Q1. With reference to the recent surge in India's retail inflation, consider the following statements: 1. The retail inflation in June climbed to 4.4%, breaching the RBI's target of 4% for the first time since January 2025. 2. Retail inflation in India is measured primarily using the Wholesale Price Index (WPI). Which of the statements given above is/are correct?
Q2. Which Indian state has become the first to sign the 'Framework for Action - Advanced Clean Energy, Driven Sustainable Development' with the International Solar Alliance (ISA)?
Q3. What is the maximum shareholding/stake held by the Government of India in the National Investment and Infrastructure Fund (NIIF)?
Q4. Which state government is set to develop India's first state-owned Earth Observation Satellite System, named 'AssamSAT'?
Q5. Where is the Indian Council of Medical Research (ICMR) establishing India's first-ever dedicated Research Centre for High Altitude Medicine and Public Health?
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