The fall in inflation numbers is in line with estimates, aided by a favourable base and the same is expected to continue in coming months Says Mr. Vivek Goel, Tailwind Financial Services
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Below View On CPI Data By Vivek Goel, Co-founder and Joint Managing Director, Tailwind Financial Service Pvt Ltd
" The fall in inflation numbers is in line with estimates, aided by a favourable base and the same is expected to continue in coming months. The latest CPI print for April at 4.7% along with core inflation falling to 5.3% gives MPC a breather before the upcoming policy meeting in June to continue a pause in rate hikes. Having said this, MPC will be watchful of risks from adverse weather on food inflation and volatility in oil prices"
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