Asia-Pacific stocks tumble ahead of China inflation data

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Asia-Pacific stocks tumble ahead of China inflation data
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Asia-Pacific markets tumble ahead of China's inflation and trade data for the month of September.

India's inflation data rose 5.02% year-on-year for September, easing to a three-month low on the back of lower vegetable prices. The reading came in below expectations of a 5.

5% increase by economists polled by Reuters, and still remains above central bank's target of 4%. Just last week, the Reserve Bank of India kept interest rates steady at 6.5%. — Lee Ying Shan

 

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