Survey: India's July inflation expected to drop to 1.3%, likely to hit a 12-year low
According to the survey, the consumer inflation rate in India in July is expected to decrease by 1.3% year-on-year. This figure is lower than the 2.1% in June, and if true, will be the lowest monthly inflation reading since the start of this statistical series in 2012. The research team at ANZ Bank stated in a report that the slowdown in inflation may be due to a decrease in food and beverage prices, as well as stable gold prices. Economists at DBS Bank believe that as the base effects fade in the coming months, the overall inflation rate may rise to over 4% in early 2026. This inflation data will be released on Tuesday.
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