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Tuesday, 12 June 2018

India May inflation likely to hit 4-month high on oil price surge

India May inflation likely to hit 4-month high on oil price surge

12 June 2018, News Wires – India’s retail inflation jumped further in May to a four-month high, primarily driven by a surge in energy prices, according to a Reuters poll of economists, suggesting more policy tightening from the central bank is coming. On June 6, the Reserve Bank of India raised the repo rate for …

The post India May inflation likely to hit 4-month high on oil price surge appeared first on SweetCrudeReports.

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