April WPI inflation at two-month low of 5.2 per cent
April WPI inflation at two-month low of 5.2 per cent
India's wholesale prices-based inflation in April slowed to a two-month low of 5.2 per cent, helped by a moderation in food and fuel costs, government data showed on Thursday.

India's wholesale prices-based inflation in April slowed to a two-month low of 5.2 per cent, 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 per cent 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 per cent.

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

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

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