MUMBAI (Reuters) - India's annual consumer price inflation eased to a lower-than-expected 5.18 percent in February from a year ago, helped by a fall in food prices, government data showed on Monday.
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MURTHY NAGARAJAN, HEAD FIXED INCOME, QUANTUM MUTUAL FUND, MUMBAI
"This number will only boost confidence that a 25 bps rate cut is certain. The only question is whether he (RBI Governor Rajan) does it now or in the April policy.
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"More or less this should be last rate cut until monsoon. If monsoon is good we can expect one more rate cut."
(Reporting by Suvashree Dey Choudhury and Manoj Rawal in MUMBAI and Aastha Agnihotri in BANGALORE; Compiled by Rafael Nam)
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