If inflation-related issues get more structural and last longer, rates can continue to surprise further on the upside, leading to contraction in valuation multiples: Saion Mukherjee
WPI inflation last month was 13.11 per cent on hardening of prices of crude oil and non-food items
Most respondents see status quo on repo, reverse repo and stance
Can RBI afford the luxury of waiting out on the inflation front to allow growth to pick up?
Congress leader Rahul Gandhi on Saturday asked the government to act quickly over the rising inflation in the country as the Russia-Ukraine war may further escalate prices.
The article in the RBI Bulletin on 'State of the Economy' said, 'unfolding global developments nevertheless pose downside risks in terms of spillovers.'
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Asked whether he is worried about the India growth story, he said India benefited from the low crude prices from 2014 onwards and now it is payback time
It is widely expected that the OMCs will revise the current prices on or after March 7, which is the last day of voting in the ongoing state assembly elections
Markets are in for a very bumpy ride if inflation is truly breaking out
Some 26.7 per cent respondents said that prices may come down 'a little bit' while 22.6 per cent said prices will come down by a large extent, as per the survey
While the steps have had the desired impact to some extent, experts have criticised them for burdening farmers and going against the concepts of open markets and 'atmanirbharta'
Contrary to popular belief, food items aren't among the biggest culprits in this space; palm oil and cotton are two items that have done much more to disrupt the WPI numbers over time
With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said
A lack of coal means factories could shut, while forcing India to import more fossil fuels.
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This is based on commentary from global forecasting firm Oxford Economics
Higher input prices and disruptions to the rural economy have resulted in price pressures and inflation is back to haunt us, a rating agency said in its research report on Wednesday.
Core inflation refers to inflation with price rise in fuels and food items left out.
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