Consumer Prices Soar in June, Are We Heading Towards an Inflation Crisis? Analysis from Anil Singhvi

Our #June CPI @ 4.81%, at a 3-month high
IIP growth picks up from 4.2% to 5.2% in May (MoM)
How much the worry of inflation has increased in our country?
What is the reason for the rise in inflation in June?
Will have to wait long for a rate cut from RBI?