Among the 11 main groups of consumer goods and services, eight witnessed price hikes compared to the previous month while the three remaining groups saw decline in prices. The prices of garments, headwear and footwear rose by 0.12 per cent MoM in the month.
The core inflation in April soared by 0.17 per cent MoM and by 2.79 per cent YoY.
The January-April core inflation grew by 2.81 per cent YoY on an average—lower than the CPI average of 3.93 per cent.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!