Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of economists showed, bolstering expectations for an interest rate cut by the central bank next month amid slowing economic growth.

India's consumer price inflation is expected to have dropped to 5.3 per cent in December, driven by a slowdown in food price increases, according to a Reuters poll of economists. This reduction in inflation fuels expectations of a potential interest rate cut by the Reserve Bank of India (RBI) next month,

Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.