Indian shares look set to open on a positive note Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years amid a continued fall in food prices.
Consumer price inflation eased to 1.55 percent in July from 2.10 percent in June. The expected rate was 1.76 percent.
Moreover, this was the lowest inflation rate since June 2017, bringing inflation below RBI's tolerance band and raising prospects of another interest rate cut.
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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.