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Retail inflation spikes to 7.79% in April

12 May 2022 , 05:45 PM

Indias retail inflation, which is measured by the Consumer Price Index (CPI), rose to 7.79% in the month of April 2022. The retail inflation for the month of March was 6.95%. This is the fourth consecutive month that the CPI data has breached the Reserve Bank of Indias (RBI) upper margin of 6%. RBI aims to achieve the medium-term target for CPI inflation of 4% within a band of +/- 2%, while supporting growth. Powered by Capital Market – Live News

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