Retail inflation based on CPI-IW eases to 10.24% in April

Retail inflation for industrial workers has eased to 10.24% in April compared 11.44% in March this year mainly on account of decline in prices of petrol and mustard oil.

However, the retail inflation, measured in terms of Consumer Price Index-Industrial Workers, in April was slightly higher than 10.22% in the corresponding month of last year.

"The year-on-year inflation measured by monthly CPI-IW stood at 10.24% for April, 2013 as compared to 11.44% for the previous month and 10.22% during the corresponding month of the previous year," a Labour Ministry statement stated.

"Food inflation stood at 12.39% against 13.21% of the previous month and 10.66% during the corresponding month of the previous year," it added.

According to the official release, CPI-IW for April rose by 2 point and is pegged at 226.

The indices of 40 centres are above All-India Index and other 35 central indices are below national average. The index of  Chandigarh, Haldia and Ahmedabad centres remained at par with all-India index.