The main wholesale price index was up 8.66% in April from a year ago, but was less than the 9.04% rise seen in March.
Food prices in India remain extremely high. The cost of fruit has gone up by a third in the past year.
The figures comes as the government is expected to announce an increase in state-controlled prices of diesel and cooking gas.
Supporters of the main opposition party, the BJP, blocked roads and rail tracks in protests against a rise in state fuel prices.
But the Congress Party-led ruling coalition does not face new tests at the polls until early next year after last week's state elections, giving it the opportunity to raise fuel costs.
And state-run refiners raised petrol prices by 5 rupees (11 cents, 6 pence) a litre from Sunday, almost 9%, a record increase that is likely to fuel inflation in Asia's third-largest economy.
The Reserve Bank of India has raised interest rates nine times since March 2010 and economists expect it to do so again in June and July.
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