India September Consumer Price Inflation Unchanged at 3.28%

India's retail inflation stayed unchanged in September, as a slower rise in food prices helped offset costiler fuel, government data showed Thursday.

The benchmark consumer-price index rose 3.28% from a year earlier, the same pace as in August.

Food prices climbed 1.25% from a year earlier, decelerating from a 1.52% rise in August. However, fuel prices rose 5.56%, quicker than the 4.94% increase in August.

The steady headline reading would ease concerns that inflation would surge past the Reserve Bank of India's 4% long-term target later this year, which could reduce the room for it to lower interest rates and prop up growth.

Write to Anant Vijay Kala at

(END) Dow Jones Newswires

October 12, 2017 08:29 ET (12:29 GMT)