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Expert Views: Consumer inflation eases in March

Reuters  |  MUMBAI/BENGALURU 

MUMBAI/BENGALURU (Reuters) - India's annual consumer price inflation eased to 4.28 percent in March, data from the Ministry of Statistics showed on Thursday.Analysts polled by Reuters had forecast March's consumer price inflation to ease to 4.20 percent from 4.44 percent in the previous month. A PRASANNA, CHIEF ECONOMIST AT ICICI SECURITIES PRIMARY DEALERSHIP, MUMBAI"March CPI inflation was slightly higher than our estimate due to upside surprises in both food and non-food inflation. In the current quarter, inflation is expected to go up due to base effects and seasonal rise in food prices. ...

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First Published: Thu, April 12 2018. 18:25 IST
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