13 January 2022, Mumbai:
India's retail inflation accelerated to a five-month high in December, but the central bank is widely expected to hold on to key policy rates next month amid concerns the fast-spreading Omicron variant of COVID may impact economic activities.
Consumer prices (INCPIY=ECI), buoyed by rising prices of food and manufactured items, rose 5.59% in December from a year earlier and compared with 4.91% in the previous month, Ministry of Statistics data showed on Wednesday.
REUTERS (The news article has not been edited by DFU Publications staff)
Follow us on Linkedin & Youtube.