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.

(Reuters) - 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.

Economists expect inflation to continue easing in the coming months, increasing the likelihood of a rate cut in the policy repo rate as soon as February.