India's inflation reaches 1-year low

Note: This section contains information in English only.
Source: Bloomberg

In November, India's wholesale price index added 9.11% on a yearly basis, said commerce ministry in New Delhi. Economists surveyed by Bloomberg predicted price increase of 9.02%. In October annual inflation was 9.73%. Analysts expect that Reserve Bank will stick to its benchmark interest rate at 8.5% also after policy meeting due December 16. 

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