View: There is more to India's inflation problem than meets the eye - Economic Times


6/1/2022 12:00:00 AM2 years 11 months ago
by ET CONTRIBUTORS

CPI inflation is expected to touch 6.3% average this fiscal from 5.5% in the last. Given this, the Reserve Bank of India is expected to raise the policy repo rate by another 75-100 basis points (bps), taking the cumulative rate hike for the year to 115-140 bp…

A and broad-based increase in prices is the biggest headwind consumers are facing today. The other worry is a concomitant increase in interest rates. Consumer price index (CPI) inflation is expecte… [+5305 chars]

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