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Inflation likely climbed in Oct, Sept factory output growth slowed

Inflation in India probably edged up in October as food prices climbed while weak demand is expected to have hurt factory output growth the month before

Reuters  |  Mumbai 

Inflation in India probably edged up in October as food prices climbed while weak demand is expected to have hurt factory output growth the month before, a Reuters poll found. India's price rises have been fairly muted this year, giving the Reserve Bank of India room to ease policy aggressively, amid wider concerns about a global slowdown. Consumer prices are expected to have risen 4.82 percent in October from a year earlier, faster than September's 4.41 percent increase but still below the RBI's January 2016 target of 6 percent, leaving some room for further interest ...

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First Published: Tue, November 10 2015. 09:40 IST
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