August CPI Seen lower At 3.47%

The consumer price index (CPI) is estimated to come in much lower at around 3.47 percent than the market and RBI estimate of around 4 percent. 
Range for CPI is seen between 3.3 percent and 3.6 percent. It would be a softer number compared to July, which was at 3.78 percent. 
Core CPI too is expected to come in at the same levels as last month at around 4.3 percent and the range is between 4.2 and 4.5 percent.

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