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

Image
Reuters MUMBAI
Last Updated : Dec 14 2016 | 3:28 AM IST

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.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 14 2016 | 3:16 AM IST

Next Story