Retail inflation hits 3.5 percent four month high as food and gold prices climb fast

Published on 12 May 2026

The RBI may pause rate hikes despite pressure

Retail inflation rose to a four-month high of 3.5% in April, driven mainly by higher food prices and a rebound in gold and silver. Economists warn more inflation pressure could follow, even as expectations grow that the Reserve Bank of India will keep its policy rate unchanged. With inflation nearing the RBI’s target, rate hikes may take a breather for now.

Retail inflation climbed to a four-month peak of 3.5% in April
Food and gold and silver prices are the main drivers
Further inflationary pressure is expected in the near term
RBI rate hikes may pause as inflation nears target

#retail inflation #interest rates #gold silver #food prices #rbi

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Retail inflation hits 3.5 percent four month high as food and gold prices climb fast

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