India Flash: June WPI inflation softens, but elevated food prices may keep the RBI cautious on imminent rate cuts
Published on Sunday, July 15, 2012
India Flash: June WPI inflation softens, but elevated food prices may keep the RBI cautious on imminent rate cuts
Summary
India’s wholesale price inflation softened in June to 7.25% y/y from 7.55% in May as a let up in fuel and non food articles offset elevated food inflation.
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BBVA Research
BBVA Research
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