Retail inflation eases to 4.29% in April; IIP grows 22.4% in March: Govt information

India CPI Inflation, IIP Growth Rate: The nation’s retail inflation, measured by the Consumer Price Index (CPI), eased to 4.29 per cent within the month of April. Separately, India’s manufacturing unit output, measured by way of the Index of Industrial Production (IIP), witnessed a progress of twenty-two.4 per cent in March, two separate information launched by the Ministry of Statistics & Programme Implementation (MoSPI) confirmed on Monday.
The retail inflation in the course of the month of March was at 5.52 per cent.
According to a latest Reuters ballot, retail inflation was anticipated to have eased to a three-month low of 4.20 per cent in April.
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