Consumer price inflation at 10.56 percent in December
NEW DELHI (Reuters) - India's annual consumer price inflation accelerated to 10.56 percent in December from the previous month, government data showed on Monday.
Analysts had expected retail prices to rise an annual 10.20 percent, above 9.90 percent in November.
India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa.
Food prices for consumers rose 13.04 percent in December from 11.81 percent in November.
(Reporting by Rajesh Kumar Singh; Editing by Anand Basu)
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Prime Minister Narendra Modi came to office with a reputation as a business-friendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past. Full Article