Retail Inflation Surges To 7.79% In April Against 6.95% In March
India's retail inflation surged to 7.79 per cent in April, largely driven by rising fuel and food prices, government data showed on Thursday. The consumer price-based inflation figure stayed well above Reserve Bank of India's (RBI's) upper tolerance limit for a fourth consecutive month. RBI has been mandated by the Centre to keep the retail inflation between 2 per cent to 6 per cent.
