India's Consumer Prices Rising 5.69%, Faster Than Expectations

Updated on
  • Unexpectedly quickens 5.69% versus 5.4% est. as pulses surge
  • Government to unveil spending plan for FY17 on Feb. 29

India’s retail inflation unexpectedly accelerated to the fastest pace since August 2014, adding pressure on Prime Minister Narendra Modi’s government to contain spending when it presents its budget on Feb. 29.

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