Rising food prices and an unfavourable base effect are expected to push inflation to the RBI’s upper tolerance limit of 6% for the first time in two years.
Inflation seen hitting RBI's 6% ceiling in October, putting rate policy in focus
EXECUTIVE SUMMARY
Rising food prices and an unfavourable base effect are expected to push inflation to the RBI’s upper tolerance limit of 6% for the first time in two years.
Key Takeaways
- Inflation seen hitting RBI's 6% ceiling in October, putting rate policy in focus.
- Rising food prices and an unfavourable base effect are expected to push inflation to the RBI’s upper tolerance limit of 6% for the first time in two years.
- Rising food prices and an unfavourable base effect are expected to push inflation to the RBI’s upper tolerance limit of 6% for the first time in two years.
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