Expert views: India's consumer inflation eases to 4-mth low
MUMBAI (Reuters) - India's consumer price inflation eased to a four-month low of 4.87 percent in April, while the annual industrial output growth slowed to 2.1 percent in March, government data showed on Tuesday.
Below are comments from analysts on the data:
R. SIVAKUMAR, HEAD OF FIXED INCOME FOR AXIS ASSET MANAGEMENT, MUMBAI
"The larger message is the trend of falling inflation would continue.
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"Bond yields are unlikely to react. The reason for RBI's pause after two rate cuts this year is a possible hike in rates by U.S. Federal Reserve."
(Reporting by Suvashree Dey Choudhury and Abhishek Vishnoi; Compiled by Rafael Nam)