Indian food prices drive up inflation, strengthening rate hike view
date:Oct 15, 2013
d out, rising to an annual 18.40 percent last month, the fastest clip since July 2010 and triple the 6.1 percent rise seen in China.

India's inflation data comes on the heels of Friday's disappointing industrial output numbers. Output grew a much-slower-than expected 0.6 percent in August, hurt by weak investment and consumer demand, dashing hopes of an economic rebound by the end of the year.

Stagflation?

The data fills out a picture of high inflation and weak growth in Asia's third-largest
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