The latest CPI print for April at 4.7% along with core inflation falling to 5.3% gives MPC a breather before the upcoming policy meeting in June to continue a pause in rate hikes. In April 2023, NSO collected prices from 99.83% of villages and 98.56% of urban Markets while the Market-wise prices reported therein were 89.90% for rural and 93.14% for urban.įor the latest inflation print, Vivek Goel, Co-founder and Joint Managing Director said, "The fall in inflation numbers is in line with estimates, aided by a favourable base and the same is expected to continue in coming months. Miscellaneous inflation stood at 4.92%.Īs per the Ministry of Statistics & Programme Implementation data, the price data was collected from selected 1114 urban markets and 1181 villages covering all States/UTs through personal visits by field staff of the Field Operations Division of NSO, MoSPI on a weekly roster. Clothing and footwear inflation was at 7.47%.Īlso, housing inflation was at 4.91% in April, while fuel and light inflation came in at 5.52%. Read here: Factory output rises 1.10% in March, grows by 5.1% in FY23įurther, in April month, the inflation rate in food and beverages stood at 4.22%, while the rate for pan, tobacco, and intoxicants came in at 3.46%. The CPI stood at 178.1 in April 2023, while food inflation was at 175.9. In March 2023, food inflation was at 4.79%. The consumer food price index (CFPI) comes at 3.84% in April 2023 versus 8.31% in the same month a year ago. The easing in CPI comes due to a steep decline in food inflation.
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