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India's August core CPI inflation seen around 6 percent: analysts

Reuters 

(Reuters) - India's core annual consumer price inflation was seen around 6 percent in August, according to three analysts.The annual retail inflation eased to 3.69 percent in August from 4.17 percent in July, the statistics ministry said on Wednesday, helped by smaller increases in food prices. Analysts polled by Reuters had forecast inflation likely eased to 3.86 percent, below the Reserve Bank of India's medium-term target in August. (Reporting by Tanvi Mehta in Bengaluru; Editing by Sunil Nair)(This story has not been edited by Business Standard staff and is auto-generated from a ...

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First Published: Wed, September 12 2018. 18:03 IST
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