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April CPI inflation hits 3-month high of 8.59 pct

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Reuters NEW DELHI

NEW DELHI (Reuters) - The annual consumer price inflation in April accelerated to a three-month high of 8.59 percent, mainly driven by higher food prices, government data showed on Monday.

A Reuters poll had forecast retail inflation would edge up to 8.48 percent from 8.31 percent in March.

Retail food prices in April rose 9.66 percent from a year earlier, faster than a provisional 9.10 percent rise in March.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

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First Published: May 12 2014 | 5:46 PM IST

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