The elevated inflation pushed RBI to hike its repo rate for the first time in four years, lifting it by 40 basis points (bps) to 4.40 per cent in an off-cycle meeting earlier this month.
Retail inflation eases to 4.29% in April 2021 on sharp dip in food prices
India s Consumer Price Index (CPI) based retail inflation eased to 4.29% in the month of April, as per the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Monday
BusinessToday.In | May 12, 2021 | Updated 18:23 IST
India s Consumer Price Index (CPI) based retail inflation eased to 4.29% in the month of April, as per the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Monday
India s Consumer Price Index (CPI) based retail inflation eased to 4.29% in the month of April, primarily due to reduction in food prices, as per the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Monday, May 12. It stood at 5.52% in March.