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 to remain high for next few months, RBI may raise 25 bps in Dec: ICICI Bank
EXECUTIVE SUMMARY
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
Key Takeaways
- Food inflation to remain high for next few months, RBI may raise 25 bps in Dec: ICICI Bank.
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Published originally on The Hindu Business Line
