 "economy, growth, jobs, workers, business, India")
India’s headline rate of inflation eased in August as food prices cooled, boosting the case for the central bank to keep interest rates lower for longer to support economic growth.
Consumer prices rose 5.3% last month from a year earlier, the Statistics Ministry said in a statement on Monday. That was the slowest rate since April’s 4.2%, while the median of 40 estimates in a Bloomberg survey was for a 5.6% gain.
The pullback in the inflation print -- the last before the central bank’s October policy meeting -- will allow policy makers more room to retain
