Indian inflation rises to +7.81% Y/Y in September from 7.55% in August and vs. consensus of...

|By:, SA News Editor
Indian inflation rises to +7.81% Y/Y in September from 7.55% in August and vs. consensus of 7.75%, fueled by the government raising diesel prices by 14% to help get control of its increasing deficit. The wholesale price index +1.1% on month. The figures exacerbate the dilemma facing the RBI: how to rein in inflation against the background of slowing growth.