India inflation slows down in December

Note: This section contains information in English only.
Source: Bloomberg
The growth in India's consumer price level slowed down, reaching the two-year record low and pressing nation's central bank to maintain interest rate unchanged for a second meeting in a row due next week. Wholesale price index added 7.47% in December compared with an increase of 9.11% a month earlier. Economists predicted December inflation to be at 7.40%. Central bank is predicted to leave benchmark repurchase rate at 8.5%.

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