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India's August core consumer price inflation seen little changed at around 4.7 percent

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Reuters MUMBAI
Last Updated : Sep 12 2016 | 6:28 PM IST

MUMBAI (Reuters) - India's core consumer price inflation in August was little changed at around 4.7 percent year-on-year from around 4.6 percent the previous month, according to two analysts on Monday.

Core inflation is a key measure for the central bank to gauge price pressure related to demand in the economy.

India's August annual CPI eased to 5.05 percent, helped by smaller rises in food prices. [nENNG960RZ]

(Reporting by Suvashree Dey Choudhury; Editing by Biju Dwarakanath)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 12 2016 | 6:20 PM IST

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