India's retail inflation eases to 4.85pc in March

India's retail inflation eased to 4.85 per cent in March, the latest government data has showed.

According to the data released by the federal Ministry of Statistics and Program Implementation on Friday, the inflation based on the consumer price index (CPI) in March stood at 4.85 per cent, compared to 5.09 per cent in February.

Food inflation has also eased to 8.52 per cent in March from 8.66 per cent in February, reports Xinhua citing the ministry's data.

According to officials, the price data are collected from 1,114 selected urban markets and 1,181 villages covering all states through personal visits by field staff of the ministry's National Statistical Office.