India's consumer inflation in July rebounded from a record-low due to costlier vegetables, government data showed Monday.
The benchmark consumer-price index rose 2.36% from a year earlier, quicker than June's 1.46% increase, which was the lowest reading since the index was introduced in 2012.
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The modest rise would diminish the odds of further rate cuts by the country's central bank, which has predicted price pressures will intensify over the rest of the year.
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(END) Dow Jones Newswires
August 14, 2017 08:36 ET (12:36 GMT)