Inflation cools to 9.59 pc in April

INFLATION

New Delhi, May 14 (PTI) Inflation in India eased
marginally to 9.59 per cent in April, but cost of some
vegetables and metals remained high.
The wholesale price-based inflation cooled from 9.90 per
cent in March mainly on account of decline in prices of
fruits, onions, wheat and cereals.
On Year-on-Year food price index was up 16.87 per cent,
while fuel price index rose 12.55 per cent.
According to the monthly inflation data, potato prices
fell 28.70 per cent in April, and onion prices dropped 11.62
per cent.
Iron and Steel prices rose by 11.40 per cent in April
compared to March.
Sugar prices fell by 5.74 per cent on monthly basis, but
turned costlier compared to last year. PTI JD
MRD


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