Friday, June 12, 2015

India's core consumer price inflation seen at around 4.6-4.7% in May


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India's core consumer price inflation seen at around 4.6-4.7% in May  

[MUMBAI] India's core consumer price index was estimated to have risen around 4.6 to 4.7 per cent in May from a year earlier, accelerating from an annualised 4.32 per cent in April, according to a Reuters snap survey of three analysts on Friday.
A fourth analyst gave a core CPI estimate of 4.3 per cent, while a fifth estimated it at 4.9 per cent.
Data earlier showed India's headline consumer price inflation edged up to 5.01 per cent in May. That compared with a 5.0 per cent annual rise predicted by analysts in a Reuters poll and April's 4.87 per cent print.
REUTERS

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