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Food inflation to remain high for next few months, RBI may raise 25 bps in Dec: ICICI Bank

October CPI accelerates to 6.08% y-o-y on food prices and base effects; bank revises FY27 forecast to 5.2% amid monsoon and energy risks

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Food inflation to remain high for next few months, RBI may raise 25 bps in Dec: ICICI Bank

October CPI accelerates to 6.08% y-o-y on food prices and base effects; bank revises FY27 forecast to 5.2% amid monsoon and energy risks

Food inflation is expected to remain high over the next few months, with the Reserve Bank of India likely to raise interest rates by 25 basis points in December to cool retail inflation, a report by …

Originally published by BusinessLine. Read the full article →

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