India's Inflation Rises to 4.38% in June, Exceeding Forecasts
India's consumer price inflation accelerated to 4.38% year-on-year in June from 3.93% the previous month, surpassing economists' expectations of a 4.30% rise. The increase is attributed to rising food and fuel prices driven by U.S.-Iran tensions and weak monsoon conditions.
Topics: fuel prices inflation monsoon impact U.S.-Iran tensions