India's retail inflation eased marginally to 4.83% in April 2024

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India's retail inflation eased marginally to 4.83% in April 2024

India experienced a mixed inflationary outlook in April, while overall retail inflation seeing a slight moderation, food prices remained on an upward trajectory, adding complexity to economic dynamics and posing challenges to the Reserve Bank of India's inflation management goals. Retail inflation marginally eased to 4.83% in April, maintaining its trajectory from the previous month's 10-month low of 4.85%.