Perspective on February WPI data by Mr. Dheer Shah, CFO, BDR Pharma
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Below is Perspective February WPI data by Mr. Dheer Shah, CFO, BDR Pharma
"Downward mobility of CPI numbers and steady WPI numbers orchestrates well for the growth fundamentals of the Indian economy. Manufactured product inflation continues to be in the negative territory with most components having eased due to several causes. This should give Policymakers enough to take notice and possibly soften their policy stance. It must be noted however that a rise in oil prices could pose an elevated risk on wholesale and retail inflation."
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