Business Standard

Core consumer price inflation seen at around 6.9 percent in Aug

Image

Reuters MUMBAI

MUMBAI (Reuters) - India's core consumer price index was estimated to have risen 6.9 percent in August from a year earlier, easing from the 7.4 percent rise estimated for July, according to a Reuters snap survey of three analysts on Friday.

However, two other analysts put their estimates at around 7.0 percent.

Data earlier showed India's headline annual consumer price inflation eased to 7.80 percent in August, in line with a Reuters poll forecast and lower than July's 7.96 percent print.

(Reporting by Swati Bhat, Neha Dasgupta, and Dipika Lalwani; Editing by Subhranshu Sahu)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 12 2014 | 5:58 PM IST

Explore News