India consumer inflation slides, fans rate cut hopes

In this photograph taken on April 11, 2012 an employee weighs a piece of gold jewellery for a customer in a jewellery shop in KolkataNew Delhi (AFP) – India’s consumer price inflation slid unexpectedly in September to its lowest in nearly three years, data showed Monday, giving more scope for an interest rate cut that could spur a stuttering economy.

Share this article