India's Inflation Eases, Adding Rate-Cut Pressure on Rajan

Updated on
  • CPI eases to 3.66% in August from July 3.69%; vs est. 3.57%
  • Consumer food inflation accelerates slightly to 2.2% vs 2.15%

Wholesale prices fell 4.95 percent in August from a year earlier after slipping 4.05 percent in July, the Commerce Ministry said in a statement.

Photographer: Prashanth Vishwanathan/Bloomberg

India’s two main inflation gauges showed a continued easing, adding pressure on central bank Governor Raghuram Rajan to cut interest rates for a fourth time this year.

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