India CPI Rises to 4.45%, WPI Eases to 9.78% in July

India's economic calendar this week is dominated by fresh inflation data and updates on the country's external financial position. Wholesale price inflation eased to 9.78% in July from 9.87% in June, mainly due to a sharp fall in energy price inflation. Retail inflation rose to 4.45% in July from 4.38% in June. The government will release WPI inflation data for August on September 14, and retail inflation data for August will also be released on the same day.