April Wholesale Price Inflation (WPI) at 4.89 %, lowest since November 2009.
April’s reading is the lowest since November 2009 and is well below the 5.50 percent estimated by analysts in a Reuters poll. The wholesale price index, India’s main inflation measure, rose an annual 5.96 percent in March.
The reading for February was revised to 7.28 percent from 6.84 percent, the government data showed on Tuesday.
Source : Reuters.