Indian consumer inflation extends a lot of tilts than 6 years

India’s consumer inflation continued in June 2.10 to 2.10%, and showed government information on Monday.

After falling to the level of more than six years in May, the hood was expanded to slide the inflation rate. Economists surveyed by Reuters predicted the inflation of June at 2.5%.

The consumer price index fell to the eighth straight moon in June.

Inflation data offers more space to RBI to continue to relax money policy after 50 main points in May.

RBI Governor Sanjay Malhotra said Wheat production and summer product season, the higher product of wheat production and the main pulses should provide sufficient prospects for the prospects for the prospects of food inflation in food inflation.

“We are waiting for an average of 2.5% of inflation in the next six months in the next six months.

“It contains a good monsoon inflation, will increase the real wage and increase the purchasing power of non-formal sector consumers,” HSbc said.

After the increase in domestic consumption, a 7.4% increase in the quarter of the India’s economy ended in March.

Malhotra warned that the country’s air-related uncertainty and the concerns around the tariffs and their concerns and their global commodity prices.

India, President Donald Trump is negotiating the US in order to improve the trade agreement before the tariff period of August 1, invited 26% of import fees.

Indian media reported Last week, the trade delegation was expected to go to Washington for the talks, Trump, after sending a tariff letter to early last week.

Yeni Delhi, this month, previously offered the responsibilities of revenge against the United States in the World Trade Organization, Reuters reports that 25% of Washington’s cars and some car parts will affect India’s exports to $ 2.89 billion, he said.