Sweden Inflation Remains Stable In September

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The mining sector in August grew 9.4% as compared to 4.8% in July, while manufacturing sector grew 3.1% as compared to 0.1% in the previous month.

The earlier projected Inflation rate for August stood 3.36 per cent. IIP or Index of Industrial Production grew to a nine-month high of 4.3 per cent in August.

India's retail inflation stayed unchanged in September, as a slower rise in food prices helped offset costiler fuel, government data showed Thursday.

The previous high in IIP growth was recorded at 5.7 per cent in November 2016.

On a monthly basis, consumer prices edged up 0.1 percent from August, when it dropped by 0.2 percent.

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The latest print is lower than 4.39 per cent recorded in September past year. A Reuters poll showed that economists expected consumer inflation to rise to 3.60 per cent in September.

The National Bank of Romania (BNR) revised at the beginning of August the inflation forecast for the end of this year to 1.9 pct, given that it had previously estimated a 1.6 pct inflation rate, down 0.1 percentage points. Primary goods output was 7.1%, up from 2.3% in July.

The index of industrial production (IIP) growth was 4 percent in August 2016.

Underlying inflation also remained stable at 2.3 percent September. Inflation not easing further dampens hopes of India Inc for interest rate cuts.

According to BNR, the CPI annual inflation rate going back to the target interval was estimated to occur in the third quarter of 2017.

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