Indian inflation plummets as fuel prices drop

India's key inflation measure has dipped by more than a percentage point over the course of a week.

Data published Thursday revealed that annual wholesale price index inflation, the monetary-policy relevant measure, fell to 6.84% in the week to 6 December, down from 8% the previous week.

The dip - which was sharper than expected - came after the government lowered retail fuel prices on the back of the fall in global oil prices.

The Reserve Bank of India, which said back in April that it was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: