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After January inflation shocker, foreign analysts see another 25 basis point rate hike in April
After January inflation shocker, foreign analysts see another 25 basis point rate hike in April
In January, retail inflation breached the Reserve Bank's upper tolerance level of 6 per cent after two months of deceleration and touched a three-month high of 6.52 per cent, mainly due to higher prices in the food basket, including cereals and protein-rich items.
In January, retail inflation breached the Reserve Bank's upper tolerance level of 6 per cent after two months of deceleration and touched a three-month high of 6.52 per cent, mainly due to higher prices in the food basket, including cereals and protein-rich items.