Page 2 - India's Consumer Inflation

India's worst period of macro instability possibly over: Morgan Stanley

India's worst period of macro instability is possibly over, and both consumer inflation and trade deficit are expected to moderate albeit gradually, Morgan Stanley said

CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May

According to MPC's own projections, the inflation rate may not come down below 6% on average before the fourth quarter of the current financial year

Consumer inflation at 8-year high of 7.79% may 'trigger' quicker rate hikes

Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23"

High inflation to compel RBI to signal neutral policy stance: S&P

The RBI will likely raise the repo rate by at least 50-75 basis points through FY23, and by another 50 basis points in FY24, the ratings agency said

RBI's inflation projections jump, growth numbers dip as recovery wobbles

While it termed current inflation as transitory, MPC also expects it to edge up to near-6% levels towards 2021-22 end, highlighting stickiness of inflation in uneven economic recovery

Fall in food prices helps retail inflation ease to 4.6% in December

After a year of high inflation-low growth, a sharp dip in food inflation tames the headline number

Monetary policy: Taming Covid-19 key to soften GDP fall, says RBI

High consumer inflation likely till September

Q3 earnings, inflation, global events to drive markets this week: Analysts

Among macroeconomic data announcements, retail and WPI inflation numbers will be released on Monday and Tuesday, respectively

RBI will encourage rupee to weaken

It will also maintain liquidity so that govt borrowing doesn't push yields up

India's consumer inflation may cool to record-low in June, prompt rate cut

RBI is also watching out for inflationary impact of GST, even though food products were exempted