June retail inflation likely climbed to 4.2%, breached RBI target: Mint poll
India's retail inflation likely reached 4.2% in June 2026, exceeding the Reserve Bank of India's (RBI) 4% target for the first time in 18 months, driven by rising fuel and food prices. A Mint poll of 18 economists indicated this increase from 3.9% in May, with all but one predicting inflation above the target. If confirmed, this would mark the first breach of the target under the revised Consumer Price Index series introduced earlier this year.