India Warns Retail Inflation May Accelerate on Weak Monsoon, Fuel Prices Ahead of Central Bank Decision
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India's finance ministry officials said retail inflation may accelerate because of a weak monsoon and rising fuel prices, and urged vigilance on the country's inflation outlook.
The warning comes days before the central bank's monetary policy decision, putting the inflation path in focus as weather conditions and energy costs threaten to add to price pressures.
From the sources (3 posts)
@reutersIndia says retail inflation may accelerate on weak monsoon, fuel price rise
@businessIndia needs to be vigilant on the inflation outlook in the country, officials at India’s finance ministry said just days ahead of a monetary policy decision by the country’s central bank
@firstsquawkIndia says retail inflation may accelerate on weak monsoon, fuel price rise