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Expert Views: Consumer inflation eases to 4.28 percent 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. TIRTHANKAR PATNAIK, INDIA STRATEGIST, MIZUHO BANK, MUMBAI"Clearly, summer rainfall is one of the risks to inflation, which will weigh on food inflation. If the predictions of summer rainfall are below average, then that might have an upward pressure on inflation. Secondly, the government's announcement ...

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First Published: Thu, April 12 2018. 18:22 IST
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