India's wholesale inflation eases further to 0.85% in April from 2.05% in March

India's wholesale inflation dropped to 0.85% in April. Government data indicates price increases in food products and electricity. Primary articles inflation contracted. Fuel and power inflation also saw a contraction. Retail inflation fell to a 69-month low. Reserve Bank of India expects inflation to moderate. The Economic Survey cautioned about global uncertainties affecting economic stability.