Quote on CPI Data by Garima Kapoor, Deputy Head of Research & Economist, Elara Capital
Below the Quote on CPI Data by Garima Kapoor, Deputy Head of Research & Economist, Elara Capital
“India's CPI inflation came in line with our estimate of 1.38% as the softness in food prices persisted. We expect FY26 CPI inflation to undershoot RBI's estimate by 10 to 15 bps and thus expect 25bps rate cut in Feb 2026.”
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