Inflation Moderates in Apr. on Lower Gas, Grocery Prices
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April’s inflation report could show tariffs’ effects, although some analysts say businesses are working through stockpiled inventory and are hesitant to raise prices yet.
Indian consumer inflation likely eased to a near six-year low in April after a further moderation of food price rises, keeping it below the Reserve Bank of India's 4% medium-term target for a third straight month,
Wholesale inflation in food iterms, measured by the WPI Food Index, eased to 4.66 per cent last month from 5.94 per cent in February. The index has a weightage of 24.38 per cent in the overall WPI index. The WPI Food gauge comprises food articles from ...