Monday, February 12, 2018

India consumer prices rose 5.07 percent in Jan 2018 but expect to grow to 5.6 percent by Sep 2018.


India consumer prices rose 5.07 percent in Jan 2018 but expect to grow to 5.6 percent by Sep 2018. Consumer prices rose 5.07 percent in January from a year earlier, the Statistics Ministry said in a statement in New Delhi on Monday, in line with the 5.1 percent Bloomberg consensus. However, the central bank forecasts the pace could pick up to as fast as 5.6 percent by September once the government begins spending for the year starting April 1.

Source: Bloomberg