RBI may pause in August policy; signal rate cut still distant as inflation climbs, say economists
The retail Inflation rose to 4.81 percent in June from 4.31 percent in May.
Source: moneycontrol.com
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CPI inflation seen rising to 4.6% in June on higher vegetable prices, fading base effect
With the favourable base effect continuing to fade, India's Consumer Price Index (CPI) inflation is expected to have increased in June from May's 25-month low of 4.25 percent.
Source: moneycontrol.com
Inflation: Inflation may have cooled but premature to bet on rate cuts
Consumer Price Index (CPI) inflation was at 4.25% in May, the lowest in 25 months. With the price gauge now not too far from the Reserve Bank of India's target of 4%, it could be reasonable to see markets building up hopes of interest rates being lowered after a year of aggressive policy tightening.
Source: indiatimes.com
Inflation: View: India's inflation may have cooled but premature to bet on rate cuts
Consumer Price Index (CPI) inflation was at 4.25% in May, the lowest in 25 months. With the price gauge now not too far from the Reserve Bank of India's target of 4%, it could be reasonable to see markets building up hopes of interest rates being lowered after a year of aggressive policy tightening.
Source: indiatimes.com
Domestic consumption held gains in April, rural recovery continues
According to QuantEco Research's TRUCE index, India's consumption levels edged up in April from March, although urban demand for goods may cool down in 2023-24 as consumers feel the pinch of higher interest rates as the Reserve Bank of India's rate hikes get passed on by banks.
Source: moneycontrol.com