India's headline inflation as measured by the consumer price index (CPI) moderated in April 2021. The growth in inflation (year-on-year) for the month at 4.29%, was the lowest in three months.
Inflation in food & beverages declined to a 2.7% in April 2021 over the growth of 10.5% in April 2020. The decline in the overall food inflation was driven by vegetables.
Retail inflation of pan, tobacco and intoxicants for the month of April 2021 recorded a growth of 9% on Y-O-Y basis.
Clothing and footwear inflation for the month of April 2021 registered a growth of 3.5%, lowest in last five months.
Housing inflation increased to a 12-month high of 3.7% in April 2021.