Retail inflation at 6-month high of 2.92% in April - Top Trending News, Top Trending Topics, Videos & Popular News

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Tuesday, May 14, 2019

Retail inflation at 6-month high of 2.92% in April

Consumer price-based or retail inflation moved marginally up to 2.92% in April from 2.86% in March due to a spike in food prices. This is the ninth straight month in which the inflation figure stood below the RBI's medium target of 4%. Analysts polled by news agency Reuters had forecast April's annual increase in the consumer price index at 2.97%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2HeNmtH

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