PREVIEW: Inflation in India was likely little-changed in August as increased rainfall helped cool food prices, though firm global crude oil prices could stoke inflationary pressures. India's wholesale price index, the main inflation gauge, likely rose 7.0% in August from a year earlier, slightly quicker than July's 6.87% increase, according to the median estimate in a Dow Jones poll of 16 economists. Amol Agarwal, an economist at STCI Primary Dealership, says food inflation was expected to ease due mainly to improved seasonal rainfall. However, recent increases in electricity tariffs by several states could drive up inflation, he adds. The data are due at 0530 GMT.
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