By Nikunj Ohri NEW DELHI (Reuters) - India's retail inflation is likely to ease by December as seasonal factors become more favourable, Finance ...
Watch onNEW DELHI - India's retail inflation is likely to ease by December as seasonal factors become more favourable, Finance Secretary T V Somanathan told Reuters late on Tuesday.
"Seasonal factors in inflation rate are beginning to become favourable and hence a reduction in inflation by December is very likely," Somanathan said. The Indian central bank has forecast retail inflation falling to 5.7% in the December quarter, cooling further to 5.4% in fiscal 2024.
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