India's consumer price inflation held steady in September, defying expectations for an acceleration, preliminary data from the Central Statistics Office showed Thursday.

The consumer price index climbed 3.28 percent year-on-year, same as in August, which was revised from 3.36 percent.

Economists had expected inflation to accelerate for a third straight month to 3.53 percent.

Food price inflation eased to 1.25 percent from 1.52 percent.

On a month-on-month basis, the CPI declined 0.15 percent and food prices fell 1.36 percent in September.

The material has been provided by InstaForex Company – www.instaforex.com

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