01-01-1970 12:00 AM | Source: PR Agency
Comments on CPI data: CPI inflation print for May easing off to 4.25% is a positive surprise as core inflation Says Mr. Vivek Goel, Tailwind Financial Services
Below Comments on CPI data By Vivek Goel, Joint Managing Director, Tailwind Financial Services
“CPI inflation print for May easing off to 4.25% is a positive surprise as core inflation also came down to 5.15% aided by favourable base effect. This was accompanied by similar positive data on the April IIP data coming in at 4.2% driven by pickup in manufacturing activity.
However, we remain cautious in building expectations for the timing of the rate cut cycle, as the risk of a weak monsoon remains along with sticky core inflation being above the RBI target of 4%.”
Latest News
Nifty sees profit booking after hitting fresh record...
Veefin Solutions Posts Remarkable FY2024 Results : R...
Daily Market Analysis : Today was quite eventful as ...
Groww gets RBI`s in-principle nod to operate as paym...
Post market comment by Mandar Bhojane, Research Anal...
Adani Ports & SEZ secures AAA rating - India`s 1st i...
Marking The Gold : RITES completes glorious 50 years
Shriram Housing Finance`s Assets under Management (A...
ICICI Bank inches up on getting nod to raise up to R...
Jammu & Kashmir Bank rises on entering into agreemen...
More News
Perspective on RBI Monetary Policy Committee`s announcement by Krupesh Thakkar, ITM B-School
Perspective RBI MPC Announcement By Mr.Amarendra Sahu, NestAway Technologies
RBI delivered a 35 bp repo rate hike maintaining its withdrawal of accommodation stance Says Anita Rangan, Economist, Equirus
This brings in cost saving for non-banking entities in an increasingly competitive market By Ankit Bhatnagar, Mswipe Technologies