Inflation has eased to 5.2 per cent in April ahead of the RBI's monetary policy review early next month. Drop in prices of food items, including vegetables, as well as fuel brought down the inflation. The inflation, measured on Wholesale Price Index (WPI), was 5.7 per cent in March. As per the data released by the government today, the WPI inflation in the overall food segment eased to 8.64 per cent in April, from a high of 9.9 per cent in March. The data further showed easing inflation in fuel and power segments as well as the manufactured items group, which include sugar and edible oils. Inflation based on Consumer Price index, on the other hand, had shot up to a three-month high of 5.59 per cent.
News On AIR | May 15, 2014 2:18 PM
Inflation eases to 5.2% in April after food prices drop