Retail inflation fell for the second month in a row to 9.39 per cent in April on the back of easing vegetable and edible oil prices.

The consumer price index (CPI)-based inflation for March stood at 10.39 per cent in March and 10.91 per cent in February.

Vegetable basket prices eased to 5.45 per cent in April from 12.16 per cent in March.

In urban areas, retail inflation declined in April to 9.73 per cent (10.38 per cent in March). The CPI for rural population fell to 9.16 per cent from 10.33 per cent in March.

The Government will release the data for wholesale price index (WPI)-based inflation for April on Tuesday.

The WPI-based inflation for March had come in at a three-year low of 5.96 per cent. This was higher than the comfort zone of the central bank.

srivats.kr@thehindu.co.in

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