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Retail Inflation Accelerates To 4.58%, RBI Expected To Take A Hawkish Stance

Consumer inflation had eased to 4.28 per cent in the month of March Wholesale inflation rose to 3.18 per cent in April Industrial output growth of March slowed to 5-month low of 4.4 per cent

Against 4.28% in April this year, the consumer inflation stood at 2.99% in April 2017
Against 4.28% in April this year, the consumer inflation stood at 2.99% in April 2017
Annual consumer price inflation (CPI) accelerated to 4.58 per cent in April, the government data showed on Monday. The rise in consumer inflation is incongruous to the easing of inflation for three months in a row until March when it had eased to 4.28 per cent, driven by lower food prices. Coming back to the April data, annual wholesale price inflation (WPI) last month also rose to 3.18 per cent from a year earlier, higher than a 2.4...
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