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Retail inflation eases to 6.44 pct in India-

However, the CPI-based inflation is above 7% per cent for the third consecutive month and above the RBI's 6 per cent upper tolerance target for the sixth month.

The CPI-based inflation stood at 7.79 per cent in April, 6.95 per cent in March, 6.07 per cent in February and 6.01 per cent in January.

The CPI-based inflation stood at 6.95 per cent in March, 6.07 per cent in February and 6.01 per cent in January.

The surge in retail inflation for the month of April is largely driven by rising fuel and food prices.

CPI Inflation Rises To A Seven-Month High Of 6.01% In January

Driven by higher prices of food, vegetable and other consumer items and, an unfavourable base of last year, India's retail inflation in January rose to seven-month high of 6.01%, marginally breaching the RBI tolerance band of 6%.

Inflation is climbing across the world and India is no exception but price rises have stayed relatively tame by historical standards, allowing RBI to leave interest rates unchanged for now.

The CPI-based inflation was at 4.91% in November and 4.59% cent in December 2020.

Indias Consumer Price Index inflation softened to 4.59% in December 2020 as compared to 6.93% in November and 7.35% in December 2019, according to data released by the Ministry of Statistics and Program Implementation on Tuesday. The rise in prices in October had been the sharpest since May 2014 when the inflation peaked to 7.61%. The Price data are collected from representative and selected 1114 urban markets and 1181 villages covering all States/UTs through personal visits by field staff of ...