Below is Perspective on CPI data February 2022 By Mr. Raghvendra Nath, Ladderup Wealth Management
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below is Perspective on CPI data February 2022 By Mr. Raghvendra Nath, MD, Ladderup Wealth Management
“CPI once again breached the RBI’s upper tolerance limit of 6%. With global commodity prices rising due to geopolitical tensions and the constant increase in wholesale inflation over the past few months, it was expected that inflation would be passed on to the end consumer. With the crude oil prices breaching $100, and fuel price hike due after elections, inflation may continue to remain above the 6% level for the next few months. In the upcoming bi-monthly meet, RBI may have to depart from its accommodative stance and take action in line with major Central Banks.”
Above views are of the author and not of the website kindly read disclaimer
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
More News
Credit growth likely to remain robust
