April WPI Inflation at 2-Month Low of 5.20 Pct - The New Indian Express

April WPI Inflation at 2-Month Low of 5.20 Pct

Published: 15th May 2014 12:39 PM

Last Updated: 15th May 2014 12:39 PM

India's wholesale prices-based inflation in April slowed to a two-month low of 5.20 percent, helped by a moderation in food and fuel costs, government data showed on Thursday.

The rise in the wholesale price index (WPI) compared with a 5.73 percent year-on-year jump forecast by economists in a Reuters poll. In March, wholesale prices rose at their fastest pace in three months to 5.70 percent.

The reading for February WPI inflation was revised to 5.03 percent from 4.68 percent earlier.

Food prices rose 8.64 percent year-on-year last month, slower than an annual rise of 9.90 percent in March.

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