Current Affairs   »   Retail inflation eases to 4.29% in...

Retail inflation eases to 4.29% in April

Retail inflation eases to 4.29% in April_50.1

The country’s retail inflation, measured by the Consumer Price Index (CPI), eased to 4.29 per cent in the month of April. Separately, India’s factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 22.4 per cent in March, two separate data released by the Ministry of Statistics & Programme Implementation (MoSPI).

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The retail inflation during the month of March was at 5.52 per cent. This is the fifth consecutive month that the CPI data has come within the Reserve Bank of India’s (RBI) upper margin of 6 per cent. The government has asked the central bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 2026.

Find More News on Economy Here

Retail inflation eases to 4.29% in April_60.1

Retail inflation eases to 4.29% in April_70.1

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *