Retail inflation inches up to 2.92% in April1 min read 13 May 2019, 05:42 PM IST
Retail inflation inched up in April to 2.92% from 2.86% a month ago
Vegetable price inflation which turned positive last month grew 2.87% in April while overall food and beverages inflation stood at 1.38% during the month
India’s retail inflation inched up in April to 2.92% from 2.86% a month ago, even though it remained well within the target of the Reserve Bank of India (RBI). Modest inflation and growing concern over growth may force the RBI to go for another round of rate cut in June.
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