Wholesale inflation eases to four-month low of 3.85%
Indiaâs April wholesale price index-based inflation eased to a four-month low of 3.85% on lower food prices. Further, industrial output grew by 2.7% in March as compared with 1.9% in February. The government came out with new series of wholesale inflation and industrial output data under which base year for calculating macroeconomic indicators was revised to 2011-12 from 2004-05 earlier.