Retail inflation may rise to 17-month high in December 2017: Reuters poll
Wholesale inflation to rise by 4%
by Natasha Nadkar
Consumer price inflation (CPI) is expected to have picked up to a 17-month high in December 2017, as per a Reuters poll of around 40 economists. Median estimates peg inflation at 5.1 per cent in December, higher than the 4.9 per cent recorded in the preceding month. Moreover, the participants expect wholesale price inflation (WPI) to have also risen to four per cent in December from 3.9 per cent in November 2017.
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