India’s retail inflation jumps to 5.54% in September, above estimates
Summary
India's retail inflation accelerated for the eleventh consecutive month, reaching 5.54 percent in September. This figure came in higher than anticipated by market forecasts. The persistent upward trend in price pressures has increased the likelihood of additional interest rate increases by authorities.
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
Source: Read the full story at Economy
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