April retail inflation at 4.58%, up for 1st time in 4 months
Reversing a three-month declining trend, India's retail inflation accelerated to 4.58% in April compared to 4.28% in March, government data showed. April was the sixth straight month in which inflation was higher than the Reserve Bank of India's (RBI) medium-term target of 4%. Meanwhile, India's wholesale inflation climbed to a four-month high of 3.18% in April.