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Comment on Inflation by Upasna Bhardwaj, Kotak Mahindra Bank
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Below is the Comment on Inflation by Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank
“The inflation reading came in line with our expectations. Although the core inflation has eased slightly but continues to remain sticky and elevated around 6%. The trajectory is expected to have peaked out in January. More so, RBIs own 2HFY23 estimates remain closer to 4% , although lower than our estimates, thereby not warranting any concern on policy changes for now.”
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