Market Quote : Retail inflation persisting above the desired levels Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 13 October 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Retail inflation persisting above the desired levels has been a major cause of concern for the Indian economy. This, coupled with declining industrial production in August may not be taken well by the market because Indian economy is anticipated to sustain its resilience. In this backdrop, the impending US inflation figures, which are forecasted to remain high, may cause volatility in the global market"
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