CPI inflation for April slides to 9.39 per cent

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CPI inflation for April slides to 9.39 per cent
Retail inflation, measured by the Consumer Price Index (CPI), stood at 9.39 per cent in the month of April 2013, lower from 10.39% during the previous month.

The corresponding provisional inflation rates for rural and urban areas for April 2013 are 9.16% and 9.73% respectively.

Inflation rates (final) for rural and urban areas for March 2013 are 10.41% and 10.38% respectively

CPI figures along with the wholesale price index figures are crucial, when it comes to an RBI decision to cut the repo rates.

Click to know what is Monetary Policy Review?

The Wholesale Price Index inflation is expected to be released on Tuesday and would remain another crucial data point for the RBI in determining rate cuts. Industry has been hankering for a rate cut from the RBI to propel growth rates.

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Read more about: cpi, inflation, rbi, wpi
Story first published: Monday, May 13, 2013, 11:29 [IST]
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