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Retail inflation declines to 10.39% from 10.91%
The CPI index measures retail prices in major food groups, fuel, clothing, housing and education across rural and urban India.
The corresponding provisional inflation rates for rural and urban areas for March 2013 are 10.33% and 10.38% respectively. Inflation rates (final) for rural and urban areas for February 2013 are 11.01% and 10.84% respectively
CPI figures along with the wholesale price index figures are crucial, when it comes to an RBI decision to cut the repo rates.
The data for wholesale price index (WPI)-based inflation is expected on Thursday.
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