India’s April Retail Inflation Holds Steady At 4.83%

India’s headline retail inflation stayed largely unchanged at 4.83 percent in April, according to data released by the Ministry of Statistics and Programme Implementation yesterday.

A marginal fall in the headline retail inflation rate was limited by prices of food and



beverages that remained elevated at 7.87 percent, edging higher than 7.68 percent a month ago.

Food inflation rose marginally with the index coming in at 8.70 percent in April, as compared to 8.52 percent in previous month.