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April retail inflation hits 3-month high of 8.59%
By Rajesh Kumar Singh
May 12, 2014 18:14 IST
The annual consumer price inflation in April accelerated to a three-month high of 8.59 per cent, mainly driven by higher food prices, government
data showed on Monday.
A Reuters poll had forecast retail inflation would edge up to 8.48 per cent from 8.31 per cent in March.
Retail food prices in April rose 9.66 per cent from a year earlier, faster than a provisional 9.10 per cent rise in March.
Source:
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