CPI Inflation: CPI Inflation to ease in coming months: Flash Purchase Managers' index launched jointly by HSBC and S&P
The flash Purchase Managers' index (PMI) jointly launched by HSBC and Standard and Poor's indicates that consumer price inflation is expected to rise moderately in the coming months. According to the data, service providers have not passed on input price increases to final consumers, and while manufacturers have, composite output prices are rising at a lower rate than the previous month.
Source: indiatimes.com