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Retail inflation likely to hit 17-month high of 5.1% in December: Poll

The December inflation data is due to be released on Friday

Reuters  |  Bengaluru 

India's retail inflation likely rose to a 17-month high in December, a Reuters poll showed, and that could push the central bank to tighten monetary policy. After November's 15-month high of 4.88 per cent, consumer price inflation likely climbed to 5.10 per cent, which would be the highest since July 2016, according to the median in the poll of nearly 40 economists over the past week. The December inflation data is due to be released on Friday, January 12 at 1200 GMT. Factors that indicate higher December inflation are increased prices for some foods and the impact of ...

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First Published: Thu, January 11 2018. 16:36 IST
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