City
Epaper

April retail inflation at 7.79%, above RBI's tolerance band for fourth month

By IANS | Updated: May 12, 2022 18:20 IST

New Delhi, May 12 India's retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance ...

Open in App

New Delhi, May 12 India's retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance limit of the central bank for a fourth month in a row, data released on Thursday showed.

The retail inflation stayed well above the Reserve Bank of India's upper tolerance limit for a fourth consecutive month due to high fuel and food prices amidst war in Ukraine.

In March, the retail inflation was at 6.95 per cent.

Retail inflation tracked by the Consumer Price Index (CPI) measures the changes in prices from a retail market perspective.

Besides, industrial production grew 1.9 per cent in March and 11.3 per cent in fiscal year FY22, the data showed.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiThe new delhi municipal councilDelhi south-westCentral board of reserve bank of indiaReserve bank of india governorIndi
Open in App

Related Stories

CricketIndia vs South Africa 2025 Schedule: Full List of Matches, Dates, Venues and Fixtures

TechnologyOpenAI Offers ChatGPT Go Free for a Year in India; Check All the Features Users Can Now Access

NationalGolden Power: Indian Women Now Hold 24,000 Tonnes of Gold, Outshining Global Investors

MumbaiMumbai Man Pursuing PhD in US Booked for Sexually Abusing Woman on False Promise of Marriage

LifestyleCreative Rangoli Designs for Dhanteras and Diwali 2025 to Welcome Goddess Lakshmi

International Realted Stories

InternationalPakistan: FC headquarters in Peshawar comes under attack amid surge in militant violence

InternationalUS, Ukraine showing ‘meaningful progress’ on Trump peace plan, officials say 

InternationalKiren Rijiu-led delegation leaves for Bhutan to bring home sacred Buddha relics

InternationalIndia, Nepal to launch 19th 'Suryakiran' military exercise in Uttarakhand tomorrow

InternationalUnion Minister Rijiju leaves for Bhutan to lead 'Delegation for the Return of Sacred Relics of Lord Buddha'