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RBI to maintain status quo in next policy: experts

Experts say RBI will take note of the uptick in core inflation

Reuters  |  Mumbai 

India's wholesale prices-based inflation (WPI) eased to an eight-month low of 5.05% in January, helped by moderating food prices, government data showed on Friday. In December, wholesale prices, long seen as India's main inflation measure, rose 6.16%. Expert comments SHAKTI SATAPATHY, FIXED INCOME STRATEGIST, AK CAPITAL, MUMBAI "As evident, the easing of inflation resulted from a considerable fall in key vegetable prices and tamed oil inflation in the near term. Looking at the core WPI in a marginal rising zone and considering the stickiness in the retail ...

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First Published: Fri, February 14 2014. 12:29 IST
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