US interest rate cut delay may affect RBI decision
Food inflation remain high, as experts warn an impending heatwave may worsen the seasonal uptick in prices of perishables
Food inflation, which accounts for nearly half of the overall consumer price basket, rose 8.52pc in March, compared with a 8.66pc rise in February. Fuel prices fell 3.2pc year-on-year, compared with a 0.77pc fall in February. Core inflation, which strips out food and energy prices, was estimated to be stable at 3.3pc-3.4pc in March, as compared with 3.3pc-3.37pc in February, according to two economists. The Indian government does not release core inflation figures.
IDFC First Bank economist Gaura Sengupta said: "We expect the RBI rate cut cycle to start from August at the earliest.”
Fuel Prices Food Inflation Interest Rates Fed Rate Cut Cycle US Inflation RBI Rate Cut Cycle Vegetable Prices Retail Inflation Annual Retail Inflation.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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