Retail inflation declines to 6-year low of 3.16 pc in Apr: Govt data

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....etail inflation declines to 6-year low of 3.16 pc in Apr: Govt data<BR>PTI News<BR>Dated:- 13-5-2025<BR>PTI<BR>New Delhi, May 13 (PTI) Retail inflation declined to a nearly 6-year low of 3.16 per cent....

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.... in April, mainly on account of subdued prices of vegetables, fruits, pulses, and other protein-rich items, and remains within the comfort zone of the Reserve Bank. The Consumer Price Index (CPI) bas....

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....ed inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019. Food inflation in April was 1.78 per cent, lower than 2.69 per cent in the preceding month ....

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....and 8.7 per cent in the year-ago month. The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent with a margin of 2 per cent on either side, has slashed the key interest ra....

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....te by 50 basis points in two tranches as the price situation improved. The central bank has projected the CPI inflation for the financial year 2025-26 at 4 per cent, with Q1 at 3.6 per cent; Q2 at 3.....

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....9 per cent; Q3 at 3.8 per cent; and Q4 at 4.4 per cent. PTI NKD CS NKD BAL BAL<BR> News - Press release - PIB....