Consumer Price Index, CPI, fell to 4.87 percent in the month of April 2015 as against 8.48 percent in April last year due to decline in the prices of food articles. The inflation for March 2015 was at 5.11 percent. Data released by Ministry of Statistics and Programme Implementation today mentioned that Inflation in food items like pulses and products was recorded at 12.52 percent highest in the category. Milk and its products registered a price hike of 8.21 percent , spices at 8.7 percent. Whereas the inflation in vegetables and meat stood at 6.63 percent and 5.50 percent. The ministry also said that the rural inflation stood at 5.37 percent whereas urban centres registered CPI of 4.36 percent. The government also released factory output data, that showed that industrial production growth in March slowed to 2.1 per cent, compared to 5 per cent a month ago.
News On AIR | May 12, 2015 7:00 PM
Retail inflation falls to 4.87% in April