Consumer price index (CPI) and wholesale price index (WPI) data will be released on Monday. Here's what is expected:
Consumer price index (CPI)
The CPI for December is expected to soften. It is expected to be around 2.26 percent compared to 2.33 percent of November.
The reason for CPI to soften continues to be food prices. The food and beverage inflation is expected to decline by around a percent to a percent and a half.
Petrol and diesel prices softening because of Brent crude will reflect in core inflation.Wholesale price index (WPI)
Similar trend is expected in WPI as well. The poll suggests that December WPI is expected to be 4.57 percent compared to 4.6 percent in November.
The range will remain between 4.1 percent and 5 percent.