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Retail inflation eases to 4.29% in April 2021 on sharp dip in food prices


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. ....

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WPI inflation spikes to over 8-year high of 7.39 per cent in March


WPI inflation spikes to over 8-year high of 7.39 per cent in March
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Synopsis
The Wholesale Price Index (WPI) inflation in March, which has been rising over the last few months, is way higher than 4.17% in February and the revised 2.51% in January. It stood at 0.42% in March 2020. The data for March is provisional and is likely to undergo change.
Fruit prices last month formed up by 16.33% while prices of pulses were higher by 13.14% last month. Vegetable prices, however, softened in March 2021 registering a dip of 5.19% compared to a growth of 10.64% in March 2020.
Increase in prices of crude oil, petroleum products and basic metal coupled with the low base effect pushed the wholesale inflation in India to over eight-year high of 7.39% in March, official data released on Thursday showed. WPI inflation had stood at 7.4% in October 2012. ....

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