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India's inflation in April rises for sixth straight month, but undershoots estimates

By CNBC May 12, 2026 Bearish
India's inflation in April rises for sixth straight month, but undershoots estimates
The RBI warned Middle East tensions could hurt growth and fuel inflation pressures. The rupee hovered near record lows as higher energy costs are expected to significantly widen the country's trade and current account deficits.
The RBI warned Middle East tensions could hurt growth and fuel inflation pressures. The rupee hovered near record lows as higher energy costs are expected to significantly widen the country's trade and current account deficits.