Tuesday, February 14, 2023

January wholesale inflation at 2-year low

Economists expect this lower wholesale inflation to pass through to retail but the transmission may be slow. Data released on Monday showed retail inflation accelerated at a higher-than-expected pace to a three-month high of 6.52% in January, crossing the RBI's upper tolerance limit of 6%.

from Economy-News-Economic Times https://ift.tt/H2rcVPz
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