Quote On September Retail Inflation from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
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Below the quote on September Retail Inflation from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
"CPI print for September at 5.02% is lower than expectations. The sharp dip in vegetable inflation has paved the way for the CPI inflation to come within the RBI’s comfort band of 2-6 percent. The take away from this low number is that the MPC will opt for a pause for the rest of FY 24 and go for a rate cut in Q2 of CY24."
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