Enter multiple symbols separated by commas

India Benchmark Wholesale Inflation Slows in April

Narinder Nanu | AFP | Getty Images

India's headline inflation slowed for a third straight month in April to 4.89 percent, a level seen comfortable for the central bank to persist with monetary easing to revive a flagging economy.

(Read More: Relax, India's Massive Gold Imports Likely a One-Off)

April's reading is the lowest since November 2009 and is well below the 5.50 percent estimated by analysts in a Reuters poll. The wholesale price index, India's main inflation measure, rose an annual 5.96 percent in March.

(Read More: Is India's Government Becoming Big Brother?)

The reading for February was revised to 7.28 percent from 6.84 percent, the government data showed on Tuesday.

Contact Economy


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.