India's consumer price inflation eased more-than-expected in March to its lowest level in fifteen months amid a slowdown in food prices to be back within the Reserve Bank Of India's target range, while industrial production growth improved slightly in February, data from the National Statistical Office showed on Wednesday.
The consumer price index climbed 5.66 percent year-over-year in March, which was slower than the 6.44 percent rise in February. Economists had forecast the rate to drop to 5.80 percent.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.