Summary Data due at 1200 GMT Dec. 12BENGALURU, Dec 9 (Reuters) - India consumer price inflation likely cooled to a nine-month low of 6.40% in November mainly due to a moderation in food prices, according to a Reuters poll of economists.
Food prices alone account for nearly 40% of the consumer price index (CPI) basket in Asia's third largest economy.
The Dec. 5-8 Reuters poll of 45 economists predicted the second consecutive decline in inflation (INCPIY=ECI) to an annual 6.40% from 6.77% in October.
The central bank maintained its inflation forecast for financial year 2022/23 at 6.7%, the same as a recent Reuters poll.
Furthermore, there are upside risks to food inflation particularly from cereals."