BENGALURU: India's consumer inflation likely rose to a 20-month high in August, driven by higher food and fuel prices, marking a third straight month above the Reserve Bank of India's 4% medium-term target, a Reuters poll of economists showed.
Annual consumer price inflation, based on the consumer price index (CPI), was forecast to rise to 4.80% in August from 4.45% in July, according to the September 3 to 9 Reuters poll of 44 economists. Forecasts for the data, due on September 14, ranged from 4.40% to 5.05%.
