0616 GMT - India's consumer inflation is expected to have eased slightly to 3.5% on year in March, according to the median estimate of nine economists polled by The Wall Street Journal. That would compare with 3.6% for February. Food inflation will likely remain in check over the next few months given supportive weather conditions, Capital Economics' Shilan Shah writes in a note. However, both DBS and Citi economists see core inflation rising above 4% due to higher gold prices. There could also be a slower correction in food prices amid higher temperatures and drier conditions, DBS's Taimur Baig and Mo Ji write in a note. Still, a stronger rupee and low oil prices will likely cap imported price pressures, they add. The inflation data are due Tuesday. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
April 14, 2025 02:16 ET (06:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.