India’s Inflation Tops Estimate in Test for Rajan Price Fight

India’s consumer-price inflation quickened more than economists estimated, adding pressure on central bank Governor Raghuram Rajan to keep interest rates elevated even after factory output slowed. The consumer-price index rose 7.96 percent in July from a year earlier, compared with a revised 7.46…

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India’s Inflation Tops Estimate in Test for Rajan Price Fight