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Inflation likely at 6-year high in Jan: Report

Retail inflation likely rose to a near 6-year peak in January as food prices stayed high, according to a small majority of economists in a Reuters poll, which may persuade the RBI to keep interest rates on hold in the coming months. The consensus of more than 40 economists showed India’s annual consumer price inflation is expected to have risen to 7.40% in January.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/31GYVm5
Inflation likely at 6-year high in Jan: Report Inflation likely at 6-year high in Jan: Report Reviewed by Space encyclopaedia on February 10, 2020 Rating: 5

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