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Expert Views: India's December consumer inflation accelerates to a 17-month high

Reuters 

(Reuters) - India's annual retail inflation accelerated in December to a 17-month high of 5.21 percent, government data showed on Friday, mainly driven by faster rises in prices of food and fuel products.Analysts polled by Reuters had forecast December's CPI inflation to rise to 5.10 percent from November's 4.88 percent.COMMENTS:TIRTHANKAR PATNAIK, INDIA STRATEGIST, MIZUHO BANK, MUMBAI"It's slightly higher than our estimate. We believe that current rate easing cycle by the central bank is over for now. And, with inflation expected to continue to taper up all the way until the middle of the ...

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First Published: Fri, January 12 2018. 18:25 IST
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