MUMBAI India's core wholesale price index (WPI) was estimated to have by risen by a slower-than-expected 4.5 percent in November, according to a Reuters snap survey of three traders and analysts.
That compared with forecasts for headline inflation of 5 percent. Core WPI rose around 5.2 percent in October. (Reporting by Mumbai markets and policy teams; Editing by Anand Basu)
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World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed. Full Article