Inflation eyed: Expected to have fallen to a fresh 9-month low to 6.57%

Investors will look forward to inflation data, which will be announced later today.
The wholesale price index is expected to have fallen to a fresh 9-month low to 6.57% in the 12 months to Dec 13 compared with 6.84% in the previous week, due to a tax cut on manufactured products and cheaper fuel. If the forecast is realised, it would be the smallest annual increase since March 1, when the index rose 6.21%.