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Indian food prices drive up inflation, strengthening rate hike view
date:Oct 15, 2013
investors from emerging market assets.

Adding to the central bank's worries, core inflation quickened to 2.1 percent in September.

Rising input costs have again pushed up core inflation on a month-on-month basis, said Rupa Rege Nitsure, chief economist at Bank of Baroda in Mumbai. While CAD (current account deficit) worries have faded, inflation continues to remain the major macro risk.

07/08 02:56