July 10, 2025 04:36 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
IAF Jaguar fighter jet crashes in Rajasthan, pilot dies | Namibia is a valued partner, says PM Modi after arriving in Windhoek | Nine people killed as vehicles fell into river after bridge collapses in Gujarat's Vadodara | Alia Bhatt's former personal assistant arrested for cheating actress of Rs. 76.9 lakh | 'We will together defeat TMC in 2026': Disgruntled BJP leader Dilip Ghosh after meeting new Bengal unit chief Samik Bhattacharya | Indian nurse Nimisha Priya, on death row for murder in Yemen, to be executed on July 16 | Fatal Air India plane crash preliminary report submitted to government | MNS workers out to oppose protests against slapgate incident detained | Social media influencer files complaint against MNS leader's son for ramming car into her vehicle in drunken state | Bihar businessman Gopal Khemka murder accused killed in police encounter in Patna
Retail Inflation
Photo Courtesy: Representational image by Fowler&fowler via Wikimedia Commons

India's retail inflation eases to 11-month low of 4.83% in April

| @indiablooms | May 14, 2024, at 05:39 pm

Mumbai/IBNS: India's retail inflation slightly eased to an 11-month low of 4.83 percent in April, compared to 4.85 percent recorded in the previous month, as prices of some kitchen items dropped though overall food basket firmed up marginally, according to a government data released on Monday (May 13).

Reports said that the figure has stayed within the tolerance range of 2-6 percent set by the Reserve Bank of India (RBI).

The inflation rate within the food basket increased to 8.7 percent in April, rising from 8.52 percent recorded in March, according to data from the National Statistical Office (NSO).

The inflation rate, in April, registered a sequential increase to 0.48 percent, as per media reports.

In India, the year-on-year vegetable inflation rate was recorded at 27.80 percent, marginally lower than the 28.30 percent reported in March, while the inflation rates for cereals and pulses -- two integral components of India's staple diet -- were reported at 8.63 percent and 16.84 percent, respectively.

Meat and fish prices increased to 8.17 percent from 6.36 percent a month earlier, while fruit prices increased to 5.22 percent from 3.07 percent in March.

Meanwhile, there was a slight drop in the prices of vegetables and pulses.

The inflation rate for fuel and light experienced a contraction of -4.24 percent in April.

"Among the top five groups, the year-on-year inflation on groups ‘Clothing & Footwear’, ‘Housing’ and ‘Fuel & light’ has decreased since last month," the official NSO release read.

In April, the inflation rate in the clothing and footwear sector was recorded at 2.85 percent, while for the housing sector, it stood at 2.68 percent, as reported by NSO.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu