March retail inflation eases to 4.83 percent

March retail inflation eases to 4.83 percent

Annual consumer inflation eased for the second straight month to 4.83 percent in March, helped by smaller rises in food prices, government data showed on Tuesday.

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Reuters
  • Apr 12, 2016,
  • Updated Apr 13, 2016 7:31 AM IST

Annual consumer inflation eased for the second straight month to 4.83 percent in March, helped by smaller rises in food prices, government data showed on Tuesday.

Economists surveyed by Reuters had forecast retail inflation would slow to 5 percent in March from an upwardly revised 5.26 percent in February.

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Food inflation eased slightly to 5.21 percent in March from 5.30 percent in the previous month.

Annual consumer inflation eased for the second straight month to 4.83 percent in March, helped by smaller rises in food prices, government data showed on Tuesday.

Economists surveyed by Reuters had forecast retail inflation would slow to 5 percent in March from an upwardly revised 5.26 percent in February.

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Food inflation eased slightly to 5.21 percent in March from 5.30 percent in the previous month.

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