April CPI inflation hits 3-month high of 8.59 pct

Image
Reuters NEW DELHI
Last Updated : May 12 2014 | 5:55 PM IST

NEW DELHI (Reuters) - The annual consumer price inflation in April accelerated to a three-month high of 8.59 percent, mainly driven by higher food prices, government data showed on Monday.

A Reuters poll had forecast retail inflation would edge up to 8.48 percent from 8.31 percent in March.

Retail food prices in April rose 9.66 percent from a year earlier, faster than a provisional 9.10 percent rise in March.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 12 2014 | 5:46 PM IST

Next Story