Asian Economic News

India Inflation Slows In April

India's consumer price inflation slowed in April, after accelerating in the previous month, preliminary data from the statistical office showed Wednesday.

The consumer price index rose 4.29 percent year-on-year after a 5.52 percent jump in March. Economists had forecast an inflation rate of 4.20 percent.

The consumer food price index rose 2.02 percent year-on-year after a 4.97 percent climb in the previous month.

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by RTTNews Staff Writer

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