"It's too early to say if inflation in India is undergoing a structural shift. By March 2018, expect overall inflation to be below 4%. The only caveat to this are food prices since right now we are seeing only vegetable prices going up. I think the RBI is cautious, but not behind the curve when it comes to cutting rates. There are a few factors like the U.S. Fed contracting balance sheet in September and also the question of farm loan waivers," said Puneet Pal, head of fixed income, BNP Paribas Mutual Fund.
Wednesday, December 17, 2025 | 01:48 AM ISTहिंदी में पढें
July retail inflation accelerates to 2.36% on higher vegetable prices
This, after easing for three straight months; food inflation saw deflationary pressure at (-) 0.29%
 "vegetable, vegetables, market, mandi")
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"It's too early to say if inflation in India is undergoing a structural shift. By March 2018, expect overall inflation to be below 4%. The only caveat to this are food prices since right now we are seeing only vegetable prices going up. I think the RBI is cautious, but not behind the curve when it comes to cutting rates. There are a few factors like the U.S. Fed contracting balance sheet in September and also the question of farm loan waivers," said Puneet Pal, head of fixed income, BNP Paribas Mutual Fund.
