Retail inflation eased marginally to 4.83 percent from 4.85 percent in April

India's core retail inflation rate eased marginally to 4.83 per cent in April, while consumer price index (CPI) inflation in March was the lowest in ten months at 4.85 per cent, according to data released by the Ministry of Statistics and Program Implementation on May 13. However, food prices continued to rise during this period. Food inflation increased to 7.87 percent in April, from 7.68 percent in March. There are fears that the RBI will delay reducing interest rates as food prices continue to rise.

Retail inflation has fallen the most in the last 11 months, but this will be the 55th month when this rate has been above the Reserve Bank of India RBI's medium-term target of four percent. The central bank seeks to bring inflation down to the target rate on a sustainable basis. After the Reserve Bank, the inflation rate recorded in April was slightly above the expectations of economists. Because, they expected the rate to be 4.80 percent.

Retail inflation remained subdued in April due to rising food prices. Because, this rate continued to increase.