date:Apr 15, 2014
1980s, retail inflation has been averaging around 10 percent.
A sharper-than-expected cooling in vegetable prices in the past three months had raised hopes of breaking out of that spell. But recent unseasonal hail and heavy rains in parts of the country have damaged crops and driven up food prices again.
India's economic backdrop is still fragile, said Bill Adams, senior international economist at PNC Financial Services Group.
A continuing slump in investment and consumer demand resulted in