Annual output growth at factories, mines and utilities in April is estimated to hit a six-month low of 1.6 percent compared with 2.1 percent the previous month, according to economists polled by agency.
"We expect CPI inflation to moderate further in February, driven by a fall in food price inflation. However, the core inflation is expected to remain elevated," Credit Suisse chief economist Robert Prior-Wandesforde said in a note today.
dIndia's biggest cities face a worsening shortage of migrant manual labourers like 26-year-old Charan, who goes by only one name.
A drought-fueled rally in soybeans, corn and wheat is raising fears of another round of food price inflation, posing an unwelcome complication for policymakers, particularly in emerging Asia, where higher consumer prices may hinder their ability to ease monetary policy.
India's headline inflation likely picked up slightly in February from January's 26-month low as higher global oil prices fed into the country's import costs, a Reuters poll showed.
Shubada Rao of Yes Bank tells CNBC-TV18 that upside risks to inflation still remains for our economy. She sees inflation coming in at 6-7%.
Asia must tackle food price inflation aggressively to preserve economic gains and protect some of the world's poorest people now that the region's recovery has gathered strength, the Asian Development Bank's chief economist said.
Prime Minister's Economic Advisory Council Chairman C Rangarajan today said that inflation might show signs of coming down in April or May with the food price inflation coming down.
Michael Spencer, chief economist at Deutche Bank tells CNBC-TV18 that tensions in West Asia have pushed crude oil prices to elevated levels. He also says he expects India’s apex bank, the Reserve Bank of India to hike rates by a 100 bps over the next 12 months.
Asian policymakers presiding over a sturdy economic recovery can be forgiven if they felt smug watching Europe's debt crisis and America's budget woes mount.
The government faces the prospect of accelerating inflation from higher food prices, even as it considers lifting diesel prices, and it will walk a thin line as it balances political and economic objectives.