Drop in India's CPI inflation due to GST reforms higher than expected - Fibre2Fashion

India’s consumer price index (CPI)-based inflation excluding gold would remain negative even in the next two months, according to the latest monthly newsletter SBI ECOWRAP by the State Bank of India. CPI inflation moderated to all-time low of 0.25 per cent year on year (YoY) in October this year. Excluding gold from headline CPI turned the print negative at minus 0.57 per cent YoY. Meanwhile, core…