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This is an archive article published on May 14, 2010

Inflation eases to 9.59 pct in April

Inflation eased to 9.59 pct in April,but cost of vegetables and metals remained high.

Inflation 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.

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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.

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