News Formal

India's retail inflation likely to ease by December - finance secretary By Reuters

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

India's retail inflation likely to ease by December - finance secretary

© Reuters. FILE PHOTO: Shoppers are reflected in mirror inside a shopping mall in New Delhi, India, December 14, 2022. REUTERS/Anushree Fadnavis/File Photo

India's retail inflation remained above the upper end of the central bank's 2%-6% tolerance band for a second consecutive month in August, though it eased from a 15-month high of 7.44% in July. The Indian central bank has forecast retail inflation falling to 5.7% in the December quarter, cooling further to 5.4% in fiscal 2024.

Last month JPMorgan said it will include India's local bonds in its Government Bond Index-Emerging Markets from June 28, 2024.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Digital World, Trump's media firm add new termination clause to merger deal By ReutersDigital World, Trump's media firm add new termination clause to merger deal
Source: Investingcom - 🏆 450. / 53 Read more »