India'sRetailInflation has come down to an18-monthlow of4.70%in theMonthof April.
Datareleased by the National Statistical Office (NSO) on Friday showed that the ConsumerPriceIndex (CPI) for April stood at 4.70, below the upperboundof theReserveBank of India's medium-term 4+/- 2%Target.
TheCountry'sheadlineInflationremained within theRBI'slimit for the second Month in aRow.
India'sHeadlineInflationstood at 5.66% inMarch.
TheConsumerFood Price Index (CFPI) declined to3.84%inApril, compared to4.79%in March.