Perspective on the CPI inflation data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
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Below is Perspective the CPI inflation data By Mr. Raghvendra Nath, Managing Director - Ladderup Wealth Management Private Limited
“Inflation was going to stay outside RBI’s comfort zone as food and other commodity prices have continued to stay up. The reason behind inflation coming down to 7.04% from 7.79% m-o-m, was just due to a favourable base effect and the recent excise cuts on petrol. While a normal monsoon is expected this season, we may see some easing in the food prices in the months to come.”
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