4.8%: Retail inflation hits 11-month low
Retail inflation decreased to its lowest level in 11 months in April, driven by deflation in the fuel and light segment and reduced pressures on various other segments. However, food and beverages inflation remained high, hindering the possibility of interest rate reductions. Rural inflation stood higher at 5.4%, while urban inflation was at 4.1%.
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May 13, 2024
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Retail inflation decreased to its lowest level in 11 months in April, driven by deflation in the fuel and light segment and reduced pressures on various other segments. However, food and beverages inflation remained high, hindering the possibility of interest rate reductions. Rural inflation stood higher at 5.4%, while urban inflation was at 4.1%.
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