India’s retail inflation eased to 3.16 percent in April from 3.34 percent in March, driven by significant easing in food prices. According to data released by the Ministry of Statistics and Programme Implementation, it is the lowest year-on-year inflation after July, 2019. Meanwhile, inflation in rural areas stood at 2.92 percent and at 3.36 percent in urban regions. According to the Ministry, the significant decline in headline inflation and food inflation during the month of April is mainly attributed to a decline in inflation of Vegetables, Pulses and Products, Fruits, Meat and fish, Personal care and effects and Cereals and Products. The food inflation rate for the last month, based on the All India Consumer Food Price Index, is provisionally reported at 1.78 percent, further down from 2.69 percent recorded in March. Corresponding food inflation rate for rural areas stood at 1.85 percent against 2.82 percent in the previous month. Also, food inflation rate for urban areas witnessed a sharp decline from 2.48 percent in March to 1.64 percent in April. The ministry said that the food inflation were lowest after October, 2021.
Site Admin | May 13, 2025 5:35 PM
India’s retail inflation eases to a 6-year low of 3.16% in April
