The pace of inflation, including food, slowed down both in urban and rural areas. The food inflation in urban areas that stood at 13% in the preceding month, eased to 10.4% in April. In rural areas, the pace of food inflation slowed down from 15.5% in March to 12.9% last month. The core inflation in urban areas slowed down from 7.4% to 6.4% and remained at 8.5% in rural areas, down from 9.4%. Both the headline inflation and core inflation are now lower than the thrice-reduced key policy rate of 9%.
Source: The Express Tribune May 01, 2020 13:30 UTC