Inflation Likely Eased to 5.3% in Dec: Mint Poll

India's retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll.

- Manjul Paul

NEW DELHI:

However, despite the expected easing, concerns over food price volatility will likely continue.

Economists projected December's consumer price index (CPI) inflation between 5% and 5.5%. If the poll's median estimate proves accurate, it would lead to an average of 5.7% in the October-December quarter, which will be in line with the Reserve Bank of India's (RBI's) latest projection for this period.

The official data is scheduled to be released on 13 January.