Consumer Inflation Accelerates To 2.92% In April | Read
PUBLISHED ON: May 13, 2019 | Duration: 1 min, 54 sec
Consumer inflation picked up to 2.92 per cent in April as against 2.86 per cent in the previous month, government data showed on Monday. That meant the consumer inflation - or the rate of increase in consumer prices - remained below the Reserve Bank of India's medium-term target of 4 per cent for the ninth month in a row. Retail inflation is determined by Consumer Price Index (CPI).