Present trend of Inflation in the economy

  • Official data tells us that wholesale price index (WPI)-linked inflation went double-digit at 10.5% year-on-year in April 2021 (from 7.4 per cent in March), for the first time since 2010.
  • The CPI inflation, moderated to 4.3 per cent (from 5.5 per cent in March) – led by a high base of the previous year (it had spiked to 7.2 per cent in April 2020).
  • The analysis of trend of Inflation should be read in ECONOMIC SURVEY of respective year, a dedicated chapter gives us a clear picture.