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India's core consumer inflation seen at around 3.9-4 percent in June
July 12, 2017 / 12:30 PM / 5 months ago

India's core consumer inflation seen at around 3.9-4 percent in June

MUMBAI (Reuters) - India’s core consumer price inflation, which excludes food and energy prices, eased to around 3.9 percent to 4 percent from around 4.2 percent in May, according to estimates from three analysts on Wednesday.

Shoppers walk past a store at a mall in Mumbai, India, July 10, 2017. REUTERS/Danish Siddiqui

Estimates provided ranged from 3.85 percent to 4.0 percent.

Data released earlier showed India’s headline annual consumer price inflation eased to a lower-than-expected 1.54 percent in June, the lowest since the new index was adopted in 2012, from 2.18 percent in May.

Reporting by Suvashree Dey Choudhury and Tanvi Mehta; Editing by Subhranshu Sahu

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