Core inflation seen at around 8.1 pct in January
MUMBAI (Reuters) - India's core consumer price index was estimated to have risen around 8.1 percent in January from a year earlier, broadly in line with around 8.05 percent in December, according to a Reuters snap survey of dealers and economists.
Data earlier showed headline consumer price inflation eased more than expected to a 24-month low of 8.79 percent in January, below a Reuters poll forecast of 9.40 percent and well below an annual 9.87 percent in December.
(Reporting by Swati Bhat, Abhishek Vishnoi, and Himank Sharma; Editing by Subhranshu Sahu)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Data released on Friday showing a slowdown in India's economy will put the Reserve Bank under renewed pressure to cut interest rates, while Prime Minister Narendra Modi takes his time over reforms needed for a revival. Full Article