Food Inflation records low

 SMTV Desk 2017-05-13 15:13:15  Food Inflation, Potato, Onion, WPI, prices
Food Inflation records low

NewDelhi, MAY 13: The Central Statistical Office has released inflation details for the month of April 2017The highlights of the report are:* The Retail Inflation for month April recorded a new low of 2.99 %.* This rate of decline is 2 times compared to last year s index of 5.4%* WPI inflation has recorded a four-month low of 3.85 %.Experts say that the inflation recorded was low because of * Fall in prices of pulses by 15.94 %* Fall in vegetable prices by 8.59 %.* Fall in fruit inflation to 3.78%.* Fall in potato prices by 40 %.* Fall in onion prices by 12%.Finally, the food inflation recorded at a low of 0.61%.