Easing of inflation in July may not be a cause for celebration, says Nomura

"Headline inflation moderates due to volatile components, but underlying inflation remains sticky at about 6%, calling for further policy tightening," Nomura said.

Easing of inflation in July may not be a cause for celebration, says Nomura
"Headline inflation moderates due to volatile components, but underlying inflation remains sticky at about 6%, calling for further policy tightening," Nomura said.