India : Stubborn core inflation offers no downward room to RBI
Published on Tuesday, June 17, 2014 | Updated on Tuesday, June 17, 2014
India : Stubborn core inflation offers no downward room to RBI
Summary
India’s benchmark inflation indicator, the CPI, moderated in May to 8.3% y/y from 8.6% in April (Consensus: 8.5%) led by a let up in food prices, which account for 50% of the CPI basket.
Geographies
- Geography Tags
- Asia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Alicia García-Herrero
Documents and files
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