India : CPI inflation accelerates to 6.07 percent in July
Fri Aug 12 2016
Ramesh Sridharan (877 articles)
Economy

India : CPI inflation accelerates to 6.07 percent in July

NEW DELHI : India’s annual consumer price inflation accelerated at a faster-than-expected pace to 6.07 percent in July, mainly driven by higher food prices, government data showed on Friday.

Economists surveyed by Reuters had expected annual retail inflation last month to come in at 5.90 percent compared with 5.77 percent in June.

Food inflation was 8.35 percent last month, higher than 7.79 percent in June.

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai

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