<h1>June 2016 Inflation Hits 5.77% in India; Government Boosts Efforts to Stabilize Food Prices and Combat Inflation.</h1> The Central Statistics Office reported a 5.77% inflation rate based on the Consumer Price Index for June 2016. The Reserve Bank of India's forecasts suggest a moderation in inflation for the latter half of 2016-17. Household surveys also indicate a decrease in inflation expectations. To combat inflation, especially food inflation, the government has increased funding for the Price Stabilization Fund, created buffer stocks of pulses, raised Minimum Support Prices, and advised states to act against hoarding. Additionally, measures have been taken to maintain sugar stocks, including export duties and stockholding limits.