Perspective on IIP and CPI numbers By Ms. Madhavi Arora, Emkay Global Financial Services
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Below Perspective on IIP and CPI numbers By Ms. Madhavi Arora, Lead Economist, Emkay Global Financial Services
“The sharp sequential uptick in food-led Inflation could spill over till August, implying pressure on headline print will stay. There isn't much RBI can do in the food supply management but this adds pressure on them to stay vigilant on domestic dynamics. Global externalities have already pressed them to signal a wait-and-watch guidance and the transient food spike will only complicate their reaction function.”
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