MUMBAI 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)
Trending On Reuters
Indian stock markets fell more than 2 percent on Friday and closed at their lowest levels in over a year on weak global cues amid caution ahead of a key U.S. jobs report due later in the day. Full Article