Business Standard

India's core consumer inflation in Nov seen at around 4.9-5.0 percent

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Reuters MUMBAI

MUMBAI (Reuters) - India's core consumer price inflation in November was seen at around 4.9 percent to 5 percent, three analysts polled by Reuters said on Tuesday, little changed from around 5 percent in October.

India had earlier reported headline annual consumer price inflation eased to 3.63 percent in November, its lowest level in two years, helped by a sharp cooling in food prices.

The Reserve Bank of India unexpectedly held interest rates last week citing sticky core inflation as one of its worries.

(Reporting by Abhirup Roy and 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: Dec 14 2016 | 3:16 AM IST

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