CPI in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risks
Yes Securities expects headline CPI for Q1FY27 to undershoot RBI's 4.2% forecast as the May print at 3.93% y-o-y and benign base effects keep the average low
The News Flicker
Yes Securities expects headline CPI for Q1FY27 to undershoot RBI's 4.2% forecast as the May print at 3.93% y-o-y and benign base effects keep the average low
India's inflation trajectory is giving the Reserve Bank of India more room to hold rates through Q1FY27, but food and fuel risks could still flip the script in H2. Yes Securities expects headline CPI…
Originally published by BusinessLine. Read the full article →
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