Retail Inflation declined to 9.39 Percent in April 2013

Retail inflation declined to 9.39 per cent in April because of reduction in prices of vegetables, edible oil and protein-based items as per the data released on 13 May 2013. Retail inflation which is based on the Consumer Price Index (CPI) stood at 10.39 per cent in March 2013.

The prices in the vegetables basket reduced to 5.43 per cent in April 2013 from 12.16 per cent in March 2013. Inflation in egg, meat and fish was registered at 13.60 per cent during April 2013. In oils and fats segment, inflation stood at 7.52 per cent.
The overall food and beverages registered an inflation of 10.61 per cent in April 2013 as against 12.42 per cent in March 2013. Among all the constituents that constitute the CPI, cereals saw the highest inflation of 16.65 per cent in April 2013.

Moreover, inflation in pulses recorded 10.91 per cent and in sugar it was 10.49 per cent on an annual basis. In urban areas, retail inflation fell to 9.73 per cent in April 2013 from 10.38 per cent in March 2013. The CPI for rural population declined to 9.16 per cent during April 2013 from 10.33 per cent in March 2013.