Wholesale price-based inflation slipped to 3.07 per cent in April on cheaper fuel and manufactured items, even as prices of food articles remained high, according to an official data released Tuesday.
Vegetables inflation was at 40.65 per cent in April, up from 28.13 per cent in the previous month.
Inflation in food articles basket was 7.37 per cent, up from 5.68 per cent in the previous month.
Inflation in 'fuel and power' category cooled to 3.84 per cent, from 5.41 per cent in March. Manufactured items too saw easing of prices with inflation at 1.72 per cent in April, against 2.16 per cent in March.
The Reserve Bank, which mainly factors in retail inflation for monetary policy decision, had last month cut interest rate by 0.25 percentage points.
Retail inflation inched up to a six-month high of 2.92 per cent in April due to a spike in food prices, including vegetables, meat, fish and eggs, data released on Monday showed.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)