India's April consumer inflation likely rose to 3.8% as higher fuel costs weigh: Reuters poll
- Posted on May 8, 2026
- By Business News Today
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India's April consumer inflation likely rose to 3.8% as higher fuel costs weigh: Reuters poll
Indias retail inflation likely rose to 3.8% in April from 3.4% in March as higher fuel and LPG costs linked to the US-Iran conflict started feeding into prices, according to a Reuters poll. Economists said food prices remained soft, helping keep inflation near the RBIs 4% target, but persistently high crude oil prices and a possible weak monsoon could push inflation higher in coming months. Wholesale inflation is also expected to rise to 4.4% in April.
