New Delhi, April 14 -- Despite a sharp surge in global energy prices triggered by the ongoing West Asia conflict, the impact on India's retail inflation has remained limited so far, according to a report by Crisil Intelligence.

"Despite a full month since the onset of the conflict, retail inflation showed a relatively low impact of the energy shock." noted the report.

The report noted that although Brent crude prices rose about 45 per cent in March and international natural gas prices jumped nearly 69 per cent compared with February, the pass-through to domestic retail inflation has been muted.

India's Consumer Price Index (CPI)-based inflation edged up to 3.4 per cent in March from 3.2 per cent in February, primarily due to a rise in ...