GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Retail Inflation Eases to 2.99 Percent in April

Retail inflation fell sharply to 2.99 percent in April, from 3.89 percent in March, due to lower cost of food items, including pulses and vegetables that showed a deflationary trend.

PTI

Updated:May 12, 2017, 6:49 PM IST
facebookTwittergoogleskypewhatsapp
Retail Inflation Eases to 2.99 Percent in April
Representative image
Loading...

New Delhi: Retail inflation fell sharply to 2.99 percent in April, from 3.89 percent in March, due to lower cost of food items, including pulses and vegetables that showed a deflationary trend.

The consumer price index (CPI) based retail inflation for March 2017 was revised slightly upwards to 3.89 percent, from 3.81 percent recorded previously.

CPI inflation stood at 5.47 percent in April 2016. Pulses and products recorded a sharp fall in prices in April, with a deflation of 15.94 percent, while vegetable prices fell by 8.59 percent. The corresponding figures for March read (-)12.42 percent and (-)7.24 percent.

In the fuel and light category, the inflation reading in April stood at 6.13 percent, higher than 5.56 percent in March.

Price of fruits grew at 3.78 percent in April, slower than 9.35 percent in March, showed data from the Ministry of Statistics and Programme Implementation (MOSPI), which were released on Friday.

For cereals and products, the rate of price rise in April, at 5.06 percent, was lower than 5.38 percent in the at 1.90 percent during the reported month, from 2.96 percent in March.

Overall food inflation, or the rate of price increase, for April was at 0.61 per cent as against 1.93 percent previously.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 180.35 3.23
PC Jeweller 83.80 6.68
Reliance 1,112.20 0.47
Infosys 706.05 1.19
HDFC 1,904.10 -1.95
Company Price Change %Gain
Yes Bank 180.35 3.23
PC Jeweller 83.55 6.64
Jet Airways 259.95 3.22
Indiabulls Hsg 792.80 2.40
IOC 141.45 3.10
Top Gainers
Company Price Change %Gain
Bharti Airtel 319.25 5.33
Yes Bank 180.35 3.23
BPCL 345.30 3.11
IOC 141.25 2.80
ONGC 146.85 2.48
Company Price Change %Gain
Bharti Airtel 318.80 5.32
Yes Bank 180.35 3.23
ONGC 146.95 2.58
NTPC 143.65 1.84
Asian Paints 1,340.05 1.51
Top Losers
Company Price Change %Gain
HDFC 1,904.10 -1.95
HCL Tech 961.20 -1.72
JSW Steel 293.10 -1.66
Wipro 333.10 -1.64
Titan Company 931.50 -1.34
Company Price Change %Gain
HDFC 1,904.15 -1.95
Wipro 333.10 -1.67
Larsen 1,411.55 -0.95
Adani Ports 368.95 -0.65
Sun Pharma 419.75 -0.57

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results