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MoneyWorks4Me

Just in: April CPI further eased to 4.87% against 5.17% in March

12 May 2015 Evaluate

In line with expectation, Consumer price inflation (CPI) with changed base year from 2010 to 2012 after easing to three month low in previous month eased further to 4.87% in April. Retail Inflation slowed down to 5.17% in March. Street was widely expecting a number of around 5%. However, in a bit of negative surprise, March CPI inflation was revised upwards from 5.17% to 5.25%.