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April core wholesale inflation eases further - analysts

by FP Staff  May 15, 2013 05:15 IST

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MUMBAI (Reuters) - India's core wholesale price index in April was estimated to have risen 2.77 percent from a year earlier, showing inflation has eased from the annual 3.5 percent rate in March, according to a Reuters snap survey of three analysts and traders on Tuesday.

Data earlier showed the broader wholesale price index rose 4.89 percent last month, well below market expectations of 5.50 percent.

(Reporting by Mumbai treasury and markets teams; Editing by Anand Basu)