Retail inflation climbed to 5.39 per cent in April this year, on the back of higher food prices. Inflation based on the consumer price index had stood at a six-month low of 4.83 percent in March this year, and at 4.87 percent in April last year. According to data released by the Ministry of Statistics and Program Implementation, food inflation rose to 6.32 per cent in April, from 5.21 in March. Retail inflation in vegetables increased to 4.82 percent, while in cereals and products it remained unchanged at 2.43 percent in April. But retail inflation in the fuel and light segment softened to 3.03 per cent during the month.
News On AIR | May 12, 2016 8:17 PM
Retail inflation jumps to 5.39% in Apr on high food prices