Retail inflation falls to 4.87% in April
Rural inflation stood at 5.37% and urban centres reported CPI of 4.36%.
Consumer Price Index (CPI), or retail inflation, fell to 4.87% in the month of April 2015 as against 8.48% in April last year. The inflation number for March 2015 was at 5.11%.
Rural inflation stood at 5.37% and urban centres reported CPI of 4.36%.
Inflation in food items like pulses and products was recorded at 12.52%, highest in the category. Milk and products registered a price hike of 8.21%, spices at 8.7%, vegatables (6.63%), and meat and fish stood at 5.50% as against the same month of last year.
Food and beverages saw a jump of 5.36% and prepared meals, snacks and sweets, etc saw an inflationary jump of 7.68%.
Three categories saw a decline in inflation. These were: Eggs (-1.46%), sugar and confectionery (-5.99%) and transport and communication (-0.90%).