Quote on CPI data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Below the Quote on CPI data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
"The October CPI print confirms that inflation has effectively bottomed out, reflecting the combined impact of GST rationalisation and sustained supply-side moderation. This provides the RBI with sufficient headroom to support growth, yet any move will likely be calibrated and further data-driven. Besides, the impending Fed’s December move would also be worthwhile to note. A premature cut could further compress the rate differential, risking capital flow volatility. Moreover, lingering concerns over imported inflation and evolving geopolitical tensions will keep the RBI cautious as it balances growth priorities with macro-financial stability."
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