CPI inflation still elevated: RBI

India Infoline News Service | Mumbai |

CPI inflation excluding food and fuel has moderated gradually since September 2013 although it is still elevated.

Retail inflation measured by the consumer price index (CPI) increased for the second consecutive month in April, pushed up by a sharp spike in food inflation, especially in the prices of fruits, vegetables, sugar, pulses and milk. CPI inflation excluding food and fuel has moderated gradually since September 2013 although it is still elevated.
 

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