We should observe the trend of both CPI and IIP over the next few months to get clear signals Says Raghvendra Nath, Ladderup Wealth Management Pvt. Ltd
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Below is Perspective on IIP & CPI data Announcement By Mr. Raghvendra Nath, Managing Director - Ladderup Wealth Management Private Limited
“While the CPI at 5.88% has beaten market expectations by being lower than forecast, the decline in IIP is a bigger cause for concern as it could indicate poor demand offtake leading to slower GDP growth in the coming quarters. We should observe the trend of both CPI and IIP over the next few months to get clear signals.”
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