Related News

PSBs may remove min balance fines

Savings a/c slowdown: PSBs may scrap min balance finesMUMBAI: Public sector banks are reconsidering the need for customers to maintain minimum balances in savings accounts, following discussions with the finance

Are you intelligent, egocentric, or artistic? Here’s what your sitting posture reveals about you

Personality tests have always fascinated people because they offer insights into one’s hidden traits and unconscious behaviour. While traditional tests use questions to assess one’s character, modern psychology suggests that

6 signs our body gives us just 1 month before a stroke

Mixing up words or pausing mid-sentence is often laughed off as being tired or distracted. The medical term is “aphasia,” and it can start subtly. Words may feel “stuck,” wrong

7 places in Sri Lanka that are believed to hold traces of the Ramayana

Travellers today look for more than just beautiful views when planning a trip. They want to visit places that hold meaning, where stories from the past are still remembered and

Access Denied

Access Denied You don’t have permission to access ” on this server. Reference #18.34fdd417.1751803357.85f290c Source link

April 2025 retail inflation eases to 3.16%; lowest year-on-year inflation since July 2019

Word Count: 602 | Estimated Reading Time: 4 minutes

The notable reduction in both inflation can be primarily attributed to decreased prices across several essential categories. (AI image)

The All India Consumer Price Index (CPI) or retail inflation for the month of April 2025 eased to 3.16% compared to April 2024. The headline inflation in April 2025 decreased by 18 basis points from March 2025, reaching its lowest year-on-year level since July 2019, government data showed.The All India Consumer Food Price Index (CFPI) indicates a year-on-year inflation rate of 1.78% (Provisional) for April 2025 compared to April 2024. The rural areas recorded 1.85% whilst urban areas showed 1.64%. The food inflation experienced a significant reduction of 91 basis points in April 2025 compared to March 2025, marking its lowest point since October 2021. The notable reduction in both headline and food inflation during April, 2025 can be primarily attributed to decreased prices across several essential categories. These include Vegetables, Pulses & Products, Fruits, Meat and fish, Personal care and effects, as well as Cereals and Products.

Rural areas experienced a notable reduction in both headline and food inflation during April 2025. The headline inflation rate decreased to 2.92% (provisional) in April 2025, compared to 3.25% in March 2025.
The Consumer Food Price Index (CFPI) based food inflation in rural areas dropped to 1.85% in April 2025 from 2.82% in March 2025.
Urban areas witnessed a slight decrease in headline inflation, moving from 3.43% in March 2025 to 3.36% (Provisional) in April 2025. The food inflation in urban areas showed a considerable decrease, falling from 2.48% in March 2025 to 1.64% in April 2025.
Housing inflation rate in urban areas recorded 3.00% year-on-year in April 2025, showing a slight decrease from 3.03% observed in March 2025.
The combined rural and urban Fuel & light inflation rate registered 2.92% year-on-year in April 2025, marking a significant increase from 1.42% in March 2025.

This story is being updated

Source link