 "inflation")
The consumer price index-based inflation rate for March surprised analysts. At 6.95 per cent— a 17-month high— its broad-based nature, and the sequential momentum suggests that it is likely to remain elevated in the coming months. This sustained price pressure demands a monetary response, the top edit argues. Read here
In other views:
Shankar Acharya outlines how FY23 will be a challenging year for macro-economic management. Read here
