India March inflation likely rose to 3.48 percent
A Reuters poll indicates India's annual inflation rose to 3.48% in March. Higher fuel costs from the Iran war were offset by falling gold prices and tax cuts.
Xurve View
Insights:
Xurve View
Annual consumer inflation in India is expected to have experienced a modest increase in March, reaching 3.48% according to a recent poll of economists. This uptick follows a 3.21% reading in February, as a significant decline in the price of Gold helped mitigate the impact of soaring energy costs.
