Home Created by potrace 1.16, written by Peter Selinger 2001-2019News Created by potrace 1.16, written by Peter Selinger 2001-2019Business Created by potrace 1.16, written by Peter Selinger 2001-2019India’s Retail Inflation Inches up to 2.92% in April

India’s Retail Inflation Inches up to 2.92% in April

The inflation based on CPI was 2.86% in previous month and 4.58% in April 2018, said the data released by CSO.
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Retail inflation rose marginally to 2.92 percent in April, mainly due to spike in food prices.

The inflation based on Consumer Price Index (CPI) was 2.86 percent in the previous month and 4.58 percent in April 2018, said the data released by the Central Statistics Office (CSO).

Also ReadWPI Inflation at 3-Month High in March on Costlier Food, Fuel

As per the data, the inflation in the food basket was 1.1 percent in April, up from 0.3 percent in March.

The Reserve Bank of India mainly factors in the CPI-based inflation while arriving at its monetary policy.

Also ReadMarch Inflation at 2.86 %, Feb IIP Growth Crashes to 0.1% 

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