#Latest news with #thirdLargestEconomyBloomberg13-05-2025BusinessBloombergIndia Inflation Eases Further, Giving RBI Room for More CutsIndia's inflation cooled further in April, creating room for deeper interest rate cuts by the central bank to bolster growth in Asia's third largest economy. The consumer price index rose 3.16% from a year earlier, data from the statistics ministry showed Tuesday. That compares with a 3.2% increase predicted by economists in a Bloomberg survey and a 3.34% reading in March.
Bloomberg13-05-2025BusinessBloombergIndia Inflation Eases Further, Giving RBI Room for More CutsIndia's inflation cooled further in April, creating room for deeper interest rate cuts by the central bank to bolster growth in Asia's third largest economy. The consumer price index rose 3.16% from a year earlier, data from the statistics ministry showed Tuesday. That compares with a 3.2% increase predicted by economists in a Bloomberg survey and a 3.34% reading in March.