India's consumer price inflation accelerated further in April to its highest level in eight years, raising the prospect of another interest rate hike from the central bank in the next policy meeting in June.
The consumer price inflation climbed to 7.79 percent from 6.95 percent in March, latest data from the statistics ministry showed Thursday. Economists had forecast 7.50 percent inflation.
Price growth is now at its highest level since May 2014, when it was 8.33 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.