14-05-2024 10:22 AM | Source: PR Agency
Reaction Quote on today's CPI data By Raghvendra Nath, Managing Director, Ladderup Wealth Management
Below The Quote On Today's IIP & CPI inflation data from Raghvendra Nath, Managing Director, Ladderup Wealth Management Private Limited
"At 4.83%, CPI continued its downward trajectory. With expectations of normal monsoons, we expect the food inflation to moderate in the coming months. Oil remains a key monitorable due to the ongoing geo-political uncertainty. We don't expect any impact on markets or the policy stance of RBI, as the CPI number was in line with the expectations."
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