dbs report: DBS revises India's inflation forecast upwards to 5.2% from 4.8% earlier on food price rise
DBS research has raised India's inflation forecast for FY24 from 4.8% to 5.2% as a result of certain concerns, including perishables like vegetables, pulses, and foodgrains. However, the bank believes that the situation is likely to be manageable due to adequate reservoir and groundwater levels that will influence the winter crop.
Source: indiatimes.com