Page 6 - Indian Inflation

Economy likely to rebound in 2020, inflation to remain benign: PHDCCI

PHDCCI President observed that inflation in 2020 will remain benign except few fluctuations because of weather disruptions

Rich-world problem of low inflation has arrived in emerging markets

Central banks have responded like their developed-country peers: by lowering interest rates. They have more room to keep going -- but they also face more obstacles on the way down

What should monetary policy do?

The recent inflation data is not a serious problem for the Monetary Policy Committee

Inflation at 5-month high over higher fuel prices, could hit 5% in 2nd half

The rollout of a new sales tax from July also poses an upside inflation risk

Wholesale prices rise 3.74 % in August

Nonetheless, the annual rate of inflation for some commodities remained rather high