April CPI edged to 3.48% from 3.4%, but restaurant and accommodation prices rose 4.2% YoY (vs 2.9% in March) with a sharp 1.5% MoM print. Commercial LPG costs are biting F&B operators even as headline inflation stays benign. RBI sees FY27 CPI at 4.6%; rate-hike risk builds from October.

Indian Express · Business · 5/15/2026, 1:49:39 AM