NEW DELHI (Reuters) - India’s core consumer inflation was seen between 4% and 4.02% in September, compared with a range of 4.20%-4.25% in August, according to three analysts who estimated from inflation figures released on Monday.
India’s retail inflation rate rose to 3.99% in September, driven by higher food prices, the government said, close to the central bank’s 4% medium-term inflation target.
Annual retail inflation in September was much-higher compared with 3.21% in the previous month, and analysts’ forecasts.
Reporting by Aftab Ahmed and Chris Thomas; editing by Uttaresh.V
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