India Inflation Rate Unchanged in September

India's consumer price inflation came in at increased 3.28 percent year-on-year in September 2017, unchanged from the previous month's five-month high and below market expectations of 3.6 percent. Food inflation slowed while prices rose at a faster pace for housing, fuel and clothing.

Prices went up at a slower pace for food and beverages (1.76 percent from 1.96 percent in August). The food index alone rose 1.25 percent, easing from a 1.52 percent gain in August. Inflation slowed for vegetables (3.92 percent from 6.16 percent) and fruits (5.14 percent from 5.29 percent) while cost of pulses fell less than in August (-22.51 percent from -24.43 percent). 

Meanwhile, prices went up faster for housing (6.10 percent from 5.58 percent in August); fuel and light (5.56 percent from 4.94 percent) and clothing and footwear (4.63 percent from 4.58 percent).

The corresponding provisional inflation rates for rural and urban areas are 3.15 percent and 3.44 percent (3.22 percent and 3.35 percent respectively in August).

India Inflation Rate Unchanged in September

Joana Ferreira |
10/12/2017 12:24:41 PM