Business Standard

May retail inflation cools to 8.3 percent

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - India's annual consumer price inflation eased to 8.28 percent in May, helped by slightly cooling food prices, government data showed on Thursday.

A Reuters poll had forecast the consumer price inflation rate would moderate to 8.4 percent in May from a three-month high of 8.59 percent in April.

(Reporting by Rajesh Kumar Singh; writing by Frank Jack Daniel; editing by Malini Menon)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 12 2014 | 6:08 PM IST

Explore News