India's headline inflation rate for October based on Consumer Price Index (CPI) is expected to cool off on a monthly basis and will mark the fourth straight month of deceleration due to muted food prices.

Share Market Live

NSE

The CPI inflation is seen at 3.6 percent compared to 3.77 percent a month ago. Core CPI is expected to be around 5.85 percent versus 5.81 percent a month ago.

October was a volatile month for crude prices and that is expected to reflect in terms of volatility in the CPI data.

Meanwhile, September IIP is expected to come in at 4.1 percent versus 4.3 percent month-on-month. The range will be between 3.6 to 5 percent.

The core data for September, which is 40 percent of the Index of Industrial Production (IIP), had softened to 4.3 percent versus 4.7 percent. Coal, steel, cement, fertilisers and refinery products grew at a slower pace.

Have you signed up for Primo, our daily newsletter?. It has all the stories and data on the market, business, economy and tech that you need to know.