Interview: Elevated inflation here to stay, repo rate could be 5.5% by December, says HSBC’s Pranjul... - Moneycontrol

Contributors to sticky inflation could include higher prices of electricity and agricultural produce, which are expected to kick in later this year.

Indias retail inflation in April was at an eight-year high of 7.79 percent, sending alarm bells ringing across markets and triggering expectations of large rate hikes. Is this the peak of inflation? … [+8503 chars]

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